SOLD
Sold on 08 Mar 2024 for $3,100,000

72 John Street
Welshpool WA 6106

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 505m2
Land area: 1803m2
Sold By
David Lamb
MLV Real Estate
Stefan Quaresimin
MLV Real Estate
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Property Details for 72 John St, Welshpool

Building Type
Commercial
Year Built
1970
Floor Size
505m2
Land Size
1803m2
Local Government
Canning
Lot/Plan
213/P031833

Last Listing description (April 2024)

Showroom: 115 sqm
Main Factory: 773 sqm
Rear Warehouse: 272 sqm

Mezzanine: 226 sqm
Awning: 180 sqm

Total: 1,566 sqm (approximately)

MLV Real Estate as exclusive agents are pleased to present to market 72 John Street, Welshpool - A high-grade warehouse facility located in Perth's premier Industrial area. An outstanding owner occupier opportunity, which encompasses a prime Welshpool warehouse of 1,566 sqm, situated on 1,803 sqm of General Industrial Land. Being sold through an Expressions of Interest campaign, closing March 8th 2024 ,430pm (AWST), we expressly recommend that all interested parties submit interest as soon as possible as smaller scale industrial properties of this calibre are extremely rare in the current market. The site is being sold with vacant possession, with purchasers able to take possession circa Mid-May 2024 (subject to confirmation). The sellers will consider a short-term leaseback arrangement of 3-6 months should a Buyer require further time to take possession.

The premises is built of brick elevations, concrete floors and footings with an iron roof. The Ground Floor comprises a high-end showroom component, finished with burnished concrete floors, ceilings with recessed lights, a meeting room and amenities - inclusive of male/female toilets & full kitchenette. A double door at the rear of the showroom lease to the existing factory which is entirely clear-span and has a high truss. Access to the warehouse is permitted via three sliding doors on the buildings Western Elevation. Level one comprises a mezzanine fitted out with open plan office accommodation with two partitioned rooms for managers. The fit out is to a high standard and presents well. Further features include but are not limited to:

1,803 sqm Green Titled Allotment
General Industry Zoning
Solar Panels on Roof (15 kw)
Upgraded Power Supply
Air Conditioned
180 sqm Awning for Loading/Unloading (Built circa 2021)
Near New Rear 272 sqm Warehouse (Built circa 2021)
9 On-Site Car Bays (4 Undercover)
Storeroom
Ample Room for Containers
Two Cross-Overs off John Street
Meeting Room
Kitchenette/Lunchroom
Multiple Toilets
Owner is open to a 3 or 6 Month Leaseback to accommodate Buyers timing if needed

For further information please contact the exclusive agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952. The Seller reserves the right to sell the premises at any point during the campaign at their absolute discretion, should an offer be sufficient and meet their requirements. We recommend all Buyers arrange inspections with haste as significant interest is anticipated.

Property History for 72 John St, Welshpool, WA 6106

A timeline of how this property has performed in the market
Last Sold
$3,100,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $3,100,000
  • 31 Jan 2024
    Listed for Sale UNDER OFFER
  • 02 Jul 2001
    Sold for $265,000
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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 1,602 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.