Skip to main content
103 Welshpool Road
Welshpool WA 6106
SearchBack to results
Sold on 10 Oct 2019

103 Welshpool Road Welshpool WA 6106

  • Factory, Warehouse & Industrial
  • 5,246 m²
  • Sold

AUSTRALIAS SOUTHERN CROSS PORTFOLIO 5 ASSETS IN 4 STATES

For Sale
103 Welshpool Road, Welshpool, WA, Australia

JLL are pleased to offer the opportunity to acquire 103 Welshpool Road, Welshpool, WA as part of The Southern Cross Portfolio.

The property provides a strategic land bank opportunity underpinned by its significant underlying land value and strong triple net lease covenant expiring April 2028 to Milne AgriGroup Pty Ltd, one of Western Australias largest integrated agribusiness groups. The asset also benefits from its strategic location within Perth with approx. 230 metres of street frontage to both Leach Highway and Welshpool Road.

Key investment highlights include:

- Strategic land bank of 3.2HA in a land constrained location with flexible underlying zoning
- Fully leased to recognised tenant Milne Feeds providing a WALE of 8.7 years (as at Sept-19)
- Fixed annual 3.25% rental increases
- Rental income of $1,758,160* p.a. net
- The lease is structured on a triple net basis with the tenant responsible for all outgoings and repairs/maintenance of a structural nature providing landlord security
- Corner site boasting 230* metres street frontage to both Leach Highway and Welshpool Road
- Located on one of Perths busiest intersections with strategic benefits for future higher and better use opportunities (STCA)
- Fast and efficient access to major arterials including Welshpool Road and Leach, Roe and Tonkin Highways
- Close proximity to Kewdale Freight Terminal and Perth Airport precinct
- High underlying land value underpins the asset
- High profile location and long standing occupation by Milne Feeds makes this asset one of Perths most recognised corner sites.
- Circa 75,000 vehicles pass the site daily along Leach Highway and Welshpool Road

*approx.

Address103 Welshpool Road Welshpool WA 6106
ZoningGeneral industry
CouncilCITY OF CANNING
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
powered byArchistar logo
JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold10 Oct 2019
Floor Area5,246 m²
Land Area3.19 ha
ParkingAsk Agent
Property ID2015259861
Category
Last updated  6 Jan 2020
Map for 103 Welshpool Road Welshpool WA 6106

Nearest transport* to 103 Welshpool Road Welshpool WA 6106

Bus
Train
Welshpool Rd After Leach Hwy101 m
Welshpool Rd After John St107 m
Welshpool Rd After Leach Hwy218 m
Welshpool Rd After Moriarty Rd274 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
Did you find this helpful?
Yes
No
JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold10 Oct 2019
Floor Area5,246 m²
Land Area3.19 ha
ParkingAsk Agent
Property ID2015259861
Category
Last updated  6 Jan 2020

Listed by

Nick Goodridge
Nick Goodridge
JLL - Melbourne
Call
+61 421 812 159

More about 103 Welshpool Road Welshpool WA 6106

103 Welshpool Road Welshpool WA 6106 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 5,246 m² and a land area of 3.19 ha. The listing ID for this property is 2015259861.

More Factory, Warehouse & Industrial properties for Sale in Welshpool WA

Sold
3 hantke place,welshpool, WA 6106
2,300 m²
Factory, Warehouse & Industrial
Sold
1/108 welshpool road,welshpool, WA 6106
278 m²
Factory, Warehouse & Industrial
Sold
99-101 dowd street,welshpool, WA 6106
3,541 m²
Factory, Warehouse & Industrial