Cushman & Wakefield is pleased to offer for sale 99-101 Dowd Street, Welshpool WA a tenanted, freestanding office & workshop premises located in one of the nation's most exclusive and challenging to access investment sectors.
Primary Asset Factors:
100% leased to PTE Group, a market leader in vehicle fabrication & fit out services
High value, irreplaceable single freehold title land holding of 7,659sqm*
Fully equipped workshop and office facility with a total GBA of 3,541sqm*
4.2-year WALE (as of 1 April 2025)
Net income of $428,228 p.a. excluding GST & outgoings
Annual, guaranteed fixed rental growth
Located in Perth's premier industrial precinct characterized by sub 1% vacancy, supporting continued rental growth and a genuine land starved submarket with no future land supply
Excellent access to major arterial networks and key infrastructure
Significant positive rental reversion potential with the net passing income considered below market rates
99-101 Dowd Street, Welshpool is for sale via Offers Invited closing Wednesday 9th April 2025 at 4.00pm (AWST) unless sold prior.
For further information or to arrange a site inspection please contact the exclusive listing agents.
*Approx.