MLV Real Estate presents the opportunity to acquire this quality unit on President Street, within the heart of one of Perth's premier industrial suburbs, Welshpool.
The property comprises a versatile strata titled factory unit of 129sqm, situated within a complex comprising 8 units. The unit is constructed of brick wall and iron roof with a roller door to the front elevation and a truss height of approximately 5.5m. Internally it features ablutions and a kitchenette.
Situated within 400m of Orrong Road and 700m from Leach Hwy, the property provides exceptional accessibility to Perth's key transport networks and is a sought-after destination for occupiers and tenants alike.
The property is leased until 30 September 2024, with net passing income $14,339.98 pa, providing opportunity for rental growth for investors or short-term income for future occupiers.
***Six-month vacate clause applies to this lease***
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 1,607 properties.
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.