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77-83 McDowell Street
Welshpool WA 6106
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Sold on 24 Jan 2025

77-83 McDowell Street Welshpool WA 6106

  • Factory, Warehouse & Industrial
  • 4,596 m²
  • Sold

FOR SALE | THE MCDOWELL MARVEL | WELSHPOOL FREESTANDER | PERTH, WA

  • 100% Leased to Subsidiary of Elders Ltd
  • Rare Welshpool Investment Opportunity
  • Long Standing Occupier

Cushman & Wakefield WA acting as exclusive agents, is pleased to present an exceptionally rare opportunity to acquire a high-quality industrial investment located in Western Australia's premier industrial precinct and one of the nation's highest barriers to entry investment markets.

The asset is 100% leased to a subsidiary of Elders Ltd, and offers the following compelling features:

Fully refurbished office and warehouse facility with total GBA of 4,596sqm*
High value, single freehold corner land holding of 8,879sqm* zoned General Industry
5-year WALE to AIRR Pty Ltd, a wholly owned subsidiary of Elders Ltd (as of 1 December 2024).
Net income of $620,000* p.a. (as of 1st December 2024) with 100% occupancy
Fixed rental growth linked to CPI providing a strong running yield
Genuinely rare offering with very few opportunities to secure investment grade product above AUD $5 million in the Perth industrial market, and in particular the eastern industrial corridor
Core eastern location providing fast and efficient access to major arterials connecting to Perth Airport, Fremantle Port, Kewdale Freight Terminal, and all major road networks servicing the Perth metropolitan area.

For further information please contact the exclusive marketing agents.

*Approx.

Cushman & Wakefield (WA) Pty Ltd
Cushman & Wakefield (WA) Pty Ltd
Level 14/225 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold24 Jan 2025
Floor Area4,596 m²
Land Area8,879 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019354932
Category
Last updated  3 Apr 2025
Map for 77-83 McDowell Street Welshpool WA 6106

Nearest transport* to 77-83 McDowell Street Welshpool WA 6106

Bus
Train
Tram
Ferry
Orrong Rd Before Felspar St962 m
Kurnall Rd After Dowd St1.0 km
Orrong Rd After Felspar St1.0 km
Welshpool Rd Before Station St1.0 km
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Cushman & Wakefield (WA) Pty Ltd
Cushman & Wakefield (WA) Pty Ltd
Level 14/225 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold24 Jan 2025
Floor Area4,596 m²
Land Area8,879 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2019354932
Category
Last updated  3 Apr 2025

Co-Agents

Nick Goodridge
Nick Goodridge
Cushman & Wakefield (WA) Pty Ltd
Call
0421 812 159
Andrew Fife
Andrew Fife
Cushman & Wakefield (WA) Pty Ltd
Call
0439 033 673

More about 77-83 McDowell Street Welshpool WA 6106

77-83 Mcdowell Street Welshpool WA 6106 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 4,596 m² and a land area of 8,879 m². The listing ID for this property is 2019354932.

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