10 Karratha StreetWelshpool WA 6106
Property Details for 10 Karratha St, Welshpool
Last Listing description (November 2023)
Cushman & Wakefield Industrial & Logistics WA is pleased to offer For Sale 10 Karratha Street, Welshpool, an exceptional industrial investment opportunity positioned in Western Australia's premier industrial market.
10 Karratha Street comprises a duplex style facility consisting of two high quality units, which are 100% leased to long standing tenants. The property is situated with direct access off Karratha Street, which affords easy access to Pilbara Street and Orrong Road, and easy movements to Leach, Roe and Tonkin Highways, and only minutes to the Perth Airport and 10km's east of the Perth CBD.
Featuring high quality and functional office and warehousing facilities, the property represents a rare industrial investment opportunity in arguably WA's most tightly held sub market.
Key features include:
Freehold Land Area: 2,000sqm*
1,290sqm* of gross building area divided across two individual units of 645sqm*
Highly functional office and warehouse accommodation with secure yard and parking areas
Current passing net income of $134,576.78pa net ($104/sqm)*
Significant rental upside with upcoming market review
100% leased to national and multinational tenants
Net leases in place with outgoings fully recoverable including management fees
Ample on-site parking and fully secure site
High value location with fast connectivity to key infrastructure and easy access to major roads
Zoning "General Industrial" City of Canning
10 Karratha Street, Welshpool is offered for sale by Offers Invited closing Wednesday 4.00pm (AWST) 25th October 2023 (unless sold prior).
For further information contact the exclusive selling agents from Cushman & Wakefield WA.
*Approx.
Property History for 10 Karratha St, Welshpool, WA 6106
- 02 Nov 2023Sold for $3,050,000
- 03 Oct 2023Listed for Sale For Sale by Offers Invited
- 09 Jan 2020Listed for Rent - Price not available
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About Welshpool 6106
The size of Welshpool is approximately 8.3 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Welshpool in 2011 was 18 people. By 2016 the population was 9 showing a population decline of 50.0% in the area during that time. The predominant age group in Welshpool is 30-39 years. In general, people in Welshpool work in a trades occupation..
Welshpool has 1,607 properties.
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