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119 Ewing Street Welshpool WA 6106

  • Factory, Warehouse & Industrial
  • 1,689 m²
  • For Sale, For sale via Request For Offers

Long Term Investment Opportunity

    Net income of $195,000 p.a. + GST
    1,689 sqm GLA on 2,739 sqm site
    Blue Chip Industrial Location

    Located In the heart of the highly sought-after Welshpool industrial precinct, 119 Ewing Street presents the opportunity to purchase a function office/warehouse underpinned by a long-term lease to a national tenant Rise Distributors Pty Ltd.

    Improvements comprise a circa 2000 built functional office/warehouse totaling some 1,689 sqm of GLA positioned on a 2,739 sqm rectangular shaped site. Construction comprises concrete tilt pre-cast panels with a steel frame and metal clad roof.

    Key Features
    Building Improvements: 1,689sqm
    Site Area: 2,739sqm
    Zoned "General Industry"
    Blue chip industrial location
    High voltage solar panel system
    Proximity to Welshpool Road and Leach Highway
    10km to Perth CBD
    7km* to Perth Airport
    Estimated outgoings: $55,000 per annum

    Lease Summary
    Fully Leased to Rise Distributors Pty Ltd
    Passing Income of $195,000 p.a. + Outgoings + GST
    Lease Term: 8 Years
    Commencement Date: Upon Settlement
    Option period: 4 Years
    Rent Reviews: CPI annually (capped at 2.5%) with a market review at year 5 and option commencement

    The property is offered for sale via a Request for Offers campaign closing Thursday 9th December 2021 at 4pm AWST.

    Tom Iredell
    Knight Frank - Perth
    Tom Iredell
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth

    Property Highlights

    Property ID2017390662
    Floor Area1,689 m²
    Land Area2,739 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  10 Nov 2021
    Map for 119 Ewing Street Welshpool WA 6106
    Map for 119 Ewing Street Welshpool WA 6106119 Ewing Street Welshpool WA 6106
    Tom Iredell
    Knight Frank - Perth
    Tom Iredell
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth

    Property Highlights

    Property ID2017390662
    Floor Area1,689 m²
    Land Area2,739 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  10 Nov 2021
    Knight Frank - Perth
    Level 10 Exchange Tower 2 The Esplanade Perth WA 6000
    Tom Iredell
    Knight Frank - Perth
    Tom Iredell
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth
    Geoff Thomson
    Knight Frank - Perth
    Tom Iredell

    Tom Iredell

    Knight Frank - Perth

    Geoff Thomson

    Geoff Thomson

    Knight Frank - Perth

    +61 *** ***
    +61 438 311 200

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