OFF MARKET

47 Furnace Road
Welshpool WA 6106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2091m2
Land area: 3847m2
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Property Details for 47 Furnace Rd, Welshpool

Building Type
Commercial
Year Built
1990
Floor Size
2091m2
Land Size
3847m2
Local Government
Canning
Lot/Plan
501/D076972

Last Listing description (September 2022)

CBRE as Exclusive Selling Agents are pleased to offer for sale, 47 Furnace Road, Welshpool via Request for Offers- Closing 4PM AWST 16th June 2022.

The offering represents an opportunity to acquire a leased industrial investment, the value of which is underpinned by land.


The site benefits from exposure to Orrong Road, the main arterial route running east/west through the Welshpool industrial precinct.

The Welshpool precinct is considered Perth's prime industrial location due to its central location and proximity to Perth Arterial Road Network, Kewdale Freight Terminal and Perth's Airport Precinct.

Investment Highlights

- High profile site of 3,847* in the highly regarded Welshpool Industrial Precinct.

- Improved with a substantial office/workshop facility providing a total combined area of 2,287sqm*

- Sold with a lease expiring 28 February 2027 with a current passing rental of $275,000pa.

Located within the Welshpool Industrial Precinct regarded as one of Perth's Premier Industrial Precincts.

Please contact the exclusive listed agents for further information.



*approx

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Property History for 47 Furnace Rd, Welshpool, WA 6106

A timeline of how this property has performed in the market
Last Sold
$3,760,000
22 Jun 2022
  • 22 Jun 2022
    Sold for $3,760,000
  • 11 May 2022
    Listed for Sale Request for Offers Closing 4PM AWST 16th June 2022

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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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