SOLD
RECENT ADVICE
Sold on 11 Sep 2024 for $2,690,000

235 Bank Street
Welshpool WA 6106

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 1505m2
Land area: 1353m2
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Property Details for 235 Bank St, Welshpool

Building Type
Commercial
Floor Size
1505m2
Land Size
1353m2
Local Government
Victoria Park
Lot/Plan
529/P002609

Last Listing description (September 2024)

Positioned amidst the coveted Welshpool commercial landscape, 235 237 Bank Street stands tall as the epitome of opportunity. Its strategic location boasts unparalleled connectivity to vital arteries including Tonkin Highway, Roe Highway, and Leach Highway. This prestigious property promises immediate returns with dual tenancies generating a robust annual rental income of $161,300 + Outgoings + GST.

Workshop A (Lot 530)

- Approx land size 1821 m2

- 560m2 (approx) high truss warehouse

- Approx height clearance between 9 & 10 metres

- 5 tonne gantry crane

- 3 Phase power

- Roller door access points

- 242 m2 (approx) of air-conditioned quality office space

- Alarm system

Workshop B (Lot 529)

- Approx land size 1353 m2

- 520m2 (approx) warehouse

- 4m (approx) truss height

- 3 Phase power

- Roller door access points

- 182m2 (approx) of air-conditioned quality office space

- Alarm system

The combined land holding of these two properties lots encompasses approximately 3,174sqm, offering a comprehensive investment package. Parcelled together, the individual lot sizes are as follows:

235 - Lot 529 total area 1,353 sqm and a street frontage of 20.14 meters.

237 - Lot 530 total area 1,821 sqm and a street frontage of 47.42 meters.

Lane - Lot 66 total area 1,022 sqm. This lane cannot be developed as it is listed as a ROW.

Seize the opportunity for a lucrative investment, leveraging immediate returns while strategically positioning yourself for future growth. Opportunities of this calibre are a rarity, so act swiftly. Reach out to Lisa or Jaimee today to embark on the next chapter of your investment strategy.

Property Code: 1060

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Property History for 235 Bank St, Welshpool, WA 6106

A timeline of how this property has performed in the market
Last Sold
$2,690,000
11 Sep 2024
Listed for Rent
$1.15k/w
05 Mar 2019
  • 11 Sep 2024
    Sold for $2,690,000
  • 18 Jun 2024
    Sold for $2,690,000
  • 07 Jun 2024
    Listed for Sale UNDER OFFER
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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, 35 properties were sold in the past 12 months in Welshpool.

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