SOLD
Sold on 31 Jan 2024 for $11,000,000

223 Star Street
Welshpool WA 6106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 880m2
Land area: 18719m2
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Property Details for 223 Star St, Welshpool

Building Type
Land
Floor Size
880m2
Land Size
18719m2
Local Government
Victoria Park
Lot/Plan
1/D062125

Last Listing description (August 2022)

223 Star Street provides an opportunity for progressive multinational lessees to locate themselves in a state of the art transport and logistics facility in the centre of Welshpool, one of Perth's premier industrial locations.


THE LOCATION
Centrally located, 223 Star Street is in close proximity to major arterial roads including Orrong Road, Leach Highway, Roe Highway, Tonkin Highway and Abernethy Road. Access to these main thoroughfares ensures the majority of the Perth metropolitan areas and the CBD can be efficiently accessed from the property.

In addition to the site's obvious connectivity, it also benefits from its proximity to both the International and Domestic Airport terminals as well as the Kewdale Freight Terminal.

Surrounding development includes predominantly large scale industrial warehousing, manufacturing and distribution centres.


THE SITE
223 Star Street has a total area of approximately 1.8ha (18,718m2). Our preliminary development approval process has already commenced. The site provides great flexibility with its massive 4 street frontages and can accommodate one or two separate buildings ranging from 4,500m2 - 10,000m2. The final development summary can be tailored to fit your company's exact requirements.

IN GOOD COMPANY
John Holland
Bossong Engineering
WA Museum
RCR
Coates Hire
Minprovise
TFG Group
Johns Building Supplies
Italsteel

Proposed Development Summary

Large 1.87ha Site
Massive 4 street frontages 165m & 84m respectively
300m2 Corporate Head Office*
One or two Premium Warehouses ranging from 4,500m2 - 10,000m2*
2,000m2* Super Canopy providing total weather protection*
Forklift Charging Bays
ESFR Fire Sprinkler System
High Clearance 12m+*
Up to 14 On-Grade Roller Shutter Doors*
Generous Laydown Areas
Designated Loading/Unloading Zones
Exclusive separated passenger Car Parking Areas
Excellent undercover B-Double Access
'General Industry' zoning
Massive 150m+ street frontages
Ideal for couriers, logistics, storage & distribution
Close proximity to Roe, Tonkin & Leach Highways, Welshpool and Orrong Roads
Close to Kewdale Freight Terminal & Perth Airport

The Developer

The Lester Group is a West Australian family owned and operated property investment, development and syndication business that has been delivering high quality outcomes for its investors and tenants since 1995.

The Group's success is underpinned by a highly skilled and motivated team with diverse expertise across the property sectors and corporate management. With over 25 years' of property experience, it has built an extensive portfolio worth over $300 million and built an excellent reputation for consistently delivering enviable outcomes for its investors and tenants.

Property History for 223 Star St, Welshpool, WA 6106

A timeline of how this property has performed in the market
Last Sold
$11,000,000
31 Jan 2024
Listed for Rent
$490k/w
10 Aug 2022
  • 31 Jan 2024
    Sold for $11,000,000
  • 03 Aug 2022
    Listed for Rent - Price not available
  • 11 Oct 2018
    Listed for Rent $70,000 / year
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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 1,602 properties. Over the last 5 years, Units in Welshpool have seen a -16.96% decrease in median value. As at 31 August 2024:

  • The median value for Houses in Welshpool is $713,893 while the median value for Units is $332,960.
There are currently 1 property listed for sale, and 2 properties listed for rent in Welshpool on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Welshpool.

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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.