119 Ewing StreetWelshpool WA 6106
Property Details for 119 Ewing St, Welshpool
Last Listing description (March 2023)
119 Ewing Street is a substantial and flexible office/warehouse facility in the heart of the Welshpool Industrial Precinct which is subject to a 3 year lease.
119 Ewing Street is a circa 2000 constructed office/warehouse facility comprising some 1,689sqm of total lettable area situated on a 2,739sqm rectangular shaped site. The construction of the building comprises concrete tilt pre-cast panels with a steel frame and Zincalume clad roof.
KEY FEATURES:
Improvements: 1,689sqm*
Land Area: 2,739sqm*
Blue Chip Industrial Area
Proximity to Welshpool Road and Leach Highway
Zoned "General Industrial"
10km* to Perth CBD
7km* to Perth Airport
Multiple tenant leasing potential
Outgoings $52,048.96 per annum paid by tenant
LEASE SUMMARY
Fully leased to Robayne Industrial Supplies Pty Ltd
Passing Income of $187,000 pa
Lease Term: 3 Years (Expiring 31st March 2022)
Lease Commencement: 1st April 2019
Option: 3 years
Rental reviews: CPI Annually
This investment is underpinned by a well improved landholding located within the highly sought-after industrial precinct of Welshpool.
The property is offered for sale via a "Request for Offers" campaign closing Thursday 22nd October 2020 at 4:00pm AWST.
For further details or to arrange an inspection, please contact the exclusive selling agents.
*Approx
Property History for 119 Ewing St, Welshpool, WA 6106
- 03 Dec 2021Sold for $3,350,000
- 08 Nov 2021Listed for Sale For sale via Request For Offers
- 02 Nov 2020Sold for $2,100,000
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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 1,593 properties. Over the last 5 years, Units in Welshpool have seen a -17.00% decrease in median value. As at 31 October 2024:
- The median value for Houses in Welshpool is $696,900 while the median value for Units is $332,806.
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