OFF MARKET

119 Ewing Street
Welshpool WA 6106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1697m2
Land area: 2739m2
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Property Details for 119 Ewing St, Welshpool

Building Type
Commercial
Floor Size
1697m2
Land Size
2739m2
Local Government
Canning
Lot/Plan
13/D084690

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

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Property History for 119 Ewing St, Welshpool, WA 6106

A timeline of how this property has performed in the market
Last Sold
$3,350,000
03 Dec 2021
  • 03 Dec 2021
    Sold for $3,350,000
  • 08 Nov 2021
    Listed for Sale For sale via Request For Offers
  • 02 Nov 2020
    Sold 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 1,603 properties. Over the last 5 years, Units in Welshpool have seen a -17.00% decrease in median value. As at 30 November 2024:

  • The median value for Houses in Welshpool is $721,332 while the median value for Units is $332,806.
There are currently 1 property listed for sale, and 2 properties listed for rent in Welshpool on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Welshpool.

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