Situated in the highly desirable Welshpool industrial area, this multi tenanted fully leased property with 2 street frontages offers as an outstanding opportunity for an astute investor.Positioned on busy Welshpool Road, the property has 4 secure tenants and generates a Net annual income of $310,101Pa. The site can be accessed off Welshpool road, and it also has rear access off Adrian street.Key features:- 3422sqm site- 2058sqm facility with a mix of showrooms and manufacturing space- Income of $310,101 Pa with all outgoings recoverable- Longstanding tenants, some occupying the site since 1996The property is situated in the highly sort after industrial area of Welshpool, which is approximately 10km South East from the Perth CBD, and has easy access to the Perth airport and key transport routes of Tonkin Hwy, Roe Hwy and Graham Farmer Freeway.This is a rare opportunity to secure a fully leased asset in the heart of Welshpool.For all enquiries please contact Rob Dawson or Wayne Chorley.
The size of Welshpool is approximately 8.3 square kilometres. There are 6 parks, covering nearly 0.6% of the total area. The population of Welshpool in 2016 was 19 people. By 2021 the population was 16 showing a population decline of 15.8% in the area during that time. The predominant age group in Welshpool is 70-79 years. Households in Welshpool are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Welshpool work in a machinery operators and drivers occupation.In 2021, 50.00% of the homes in Welshpool were owner-occupied compared with 0.00% in 2016.
Welshpool has 1,596 properties. Over the last 5 years, Units in Welshpool have seen a -17.00% decrease in median value. As at 30 June 2026:
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