174 Railway Parade Bassendean WA 6054

174 Railway Parade, Bassendean presents a rare opportunity to acquire a substantial and fully upgraded industrial asset in one of Perth's most accessible and well-connected locations. Situated directly opposite Ashfield Train Station and just minutes from major arterial routes, the property offers a compelling mix of secure income, high-quality improvements, and value-add potential.

With two extensively renovated buildings on over a 1-hectare landholding, the property is partially leased to quality tenants including DT Infrastructure, a subsidiary of international public listed infrastructure giant Gamuda Berhad (KLSE: GAMUDA) and Compa, a boutique Italian style lunchbar.

The balance of the property is recently refurbished and vacant, offering flexible office and workshop space ideal for owner-occupiers or investors seeking future rental upside. A rental guarantee over the vacant space offers a strong yield proposition from settlement for the astute investor.

Key attributes of the offering include:

• Land Area: 10,292 sqm (1.0292 ha)
• Improvement totaling approximately 5,370 sqm split across two separate buildings
• Zoning: Light Industry - allows a wide range of industrial and commercial uses
• One building fully leased to DTI Infrastructure and Compa
• Second Building available to occupy is a two level modern office plus multiple workshop with cranes totaling to 2,445 sqm
• Ashfield Train Station at your doorstep
• Key road linkages including Tonkin Highway
• Great street presence on Railway Parade and exposure on Guildford Road
• Generous parking facilities

Passing Net income potentially $885,000 per annum plus GST being $495,000 per annum from current tenants plus $390,000 per annum via Rental Guarantees post settlement.

Don't miss this outstanding opportunity to secure a strategic industrial holding in a tightly held precinct. Whether you're an investor seeking strong income or an owner-occupier looking to establish in a premium location, 174 Railway Parade delivers on all fronts.

OFFERS INVITED CLOSING Thursday 3rd July 2025 at 4pm WST (unless sold prior).

Contact Max Vaghella to obtain a copy of the information memorandum or arrange an inspection!

All areas are approximate. Photos used are from various time frames.