FOR SALE
$6m | 12 year lease | inner-city location

168-170 Walter Rd W
Bedford WA 6052

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 2528m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Quality sound investment

This is a property investment with a new 12 year lease from Vibe Fuel on offer (the business is not for sale).
It is situated ona prominent Inner-city corner location.
An opportunity exists to acquire a new fuel station as an investment in the middle of Bedford on a new 12-year lease.
The fuel station is strategically located on the corner of Walter Road West and Coode Street in Bedford just 900m* from Morley Galleria.
The service station is situated on a 2,528sqm corner site and will be tenanted to VIBE Petroleum who recently constructed the station in 2021.
Highlights:
• New 2021 construction
• $360,000pa Net Income
• 12-year lease and 4 x 5 years options commenced 1 July 2023
• CPI + 0.5% annual rent increases
See More

Property Details for 168-170 Walter Rd W, Bedford

Building Type
Commercial
Floor Size
230m2
Land Size
2528m2

Commute Calculator

About Bedford 6052

The size of Bedford is approximately 2.3 square kilometres. It has 14 parks covering nearly 8.7% of total area. The population of Bedford in 2011 was 4,944 people. By 2016 the population was 5,439 showing a population growth of 10.0% in the area during that time. The predominant age group in Bedford is 30-39 years. Households in Bedford are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bedford work in a professional occupation. In 2011, 67.7% of the homes in Bedford were owner-occupied compared with 67.2% in 2016.

Bedford has 2,913 properties. Over the last 5 years, Houses in Bedford have seen a 78.80% increase in median value, while Units have seen a 114.77% increase. As at 31 October 2024:

  • The median value for Houses in Bedford is $1,028,654 while the median value for Units is $743,171.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 1 property listed for rent in Bedford on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Bedford.

Suburb Insights for Bedford 6052

Market Insights
Bedford Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Bedford Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Brett Wilkins
Show contact details
RWC WA
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.