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2 Saltaire Way
Port Kennedy WA 6172

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 2624m2
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Fuel station investment

RWC WA are pleased to present 2 Saltaire Way Port Kennedy to the market for Sale.
The property provides a fantastic opportunity for investors to purchase a financially secure service station on a 2,624sqm green title corner lot located in the industrial location of Port Kennedy.
The property was built in 2008 which it was constructed of reinforced concrete floors, concrete tilt panel elevations and a metal deck roof. The building is 130sqm* with a fuel canopy of 375sqm*. There are 12 car bays including 1 disabled car bay onsite.
The property is leased, based upon a ground lease, to EG Fuelco (Australia) Limited (Ampol) at $90,793.07pa net + GST and Outgoings for 5 years with 3 x 5 year options and annual CPI rent reviews (capped at 5%) which commenced 18/11/2023 however the tenant has been in operation since 2020. A copy of the lease can be provided upon request.
The Lessee is responsible for statutory outgoings and utility and management fees. Lessee is responsible for all costs associated with building improvements including insurance, repairs, maintenance services and other costs.
Key features include:
• 2,624sqm green title corner lot
• 130sqm* building
• 375sqm* fuel canopy
• $90,793.07pa net annual income
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Property Details for 2 Saltaire Way, Port Kennedy

Building Type
Commercial
Floor Size
130m2
Land Size
2624m2

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About Port Kennedy 6172

The size of Port Kennedy is approximately 23.6 square kilometres. It has 31 parks covering nearly 59.5% of total area. The population of Port Kennedy in 2011 was 14,105 people. By 2016 the population was 13,784 showing a population decline of 2.3% in the area during that time. The predominant age group in Port Kennedy is 10-19 years. Households in Port Kennedy are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Kennedy work in a trades occupation. In 2011, 68.5% of the homes in Port Kennedy were owner-occupied compared with 71.7% in 2016.

Port Kennedy has 5,754 properties. Over the last 5 years, Houses in Port Kennedy have seen a 115.78% increase in median value, while Units have seen a 130.20% increase. As at 30 November 2024:

  • The median value for Houses in Port Kennedy is $748,079 while the median value for Units is $515,411.
  • Houses have a median rent of $600 while Units have a median rent of $345.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Port kennedy on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Port kennedy.

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Michael Danagher
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RWC WA
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