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Sold on 29 Aug 2019

4 Forge Street Welshpool WA 6106

  • Industrial / Warehouse
  • 2,350 m²
  • Sold

INDUSTRIAL INVESTMENT 7.5% RETURN

  • Corner site totalling 4,801sqm*
  • Total building area 2,350sqm*
  • Subdivision/redevelopment potential

4 Forge Street is a leased industrial investment property with a new 5 year lease in a core Welshpool location.

The value of the investment is underpinned by its underlying land value and the lands proximity to Perth road, rail and airport infrastructure.

Prime industrial corner, just off both Orrong Road and Leach Highway in Welshpool. Improved with some 2,350sqm of industrial office/warehouse. This property provides the opportunity for investment and medium to long term capital growth and redevelopment/refurbishment potential.

KEY FEATURES
New 5 year lease commencing expiring 14 March 2024 providing a net rental of $180,000 p.a.
Corner site totaling 4,801sqm*
Two street frontages totaling a combined 133.52 metres*
A-grade industrial location just off Leach Highway, 15 minutes from Perth and in close proximity to Perth Airport and access to the Perth Road network
Future refurbishment/subdivision/redevelopment potential
Zoned "General Industrial"

The property is for sale by Private Treaty with an asking price of $2,450,000. For further details or to arrange an inspection, please contact the exclusive selling agents.

*approx

Address4 Forge Street 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.
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Property Highlights

Property ID2015387705
Date Sold29 Aug 2019
Floor Area2,350 m²
Land Area4,801 m²
ParkingAsk Agent
Category
Last updated  21 Aug 2019
Map for 4 Forge Street Welshpool WA 6106
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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