101-111 Ewing Street, Welshpool
101-111 Ewing Street Welshpool WA 6106
Key Property Highlights
Annual Rental | $1,000,000 |
---|---|
Building Area | 3068 sqm |
Land Area | 20487 sqm |
Parking | Onsite Parking Available |
Listing Status | Current |
Fully Leased Industrial Investment with Future Development Upside
- 5 year Sale & Leaseback
- Triple Net Lease
- ASX Listed Multinational Tenant
Cushman & Wakefield are pleased to exclusively present for sale 101-111 Ewing Street Welshpool, a 100% leased industrial investment positioned in Perth’s highest performing, eastern industrial market.
Key investment highlights include:
- Brand new 5-year, triple net lease to a wholly owned subsidiary of Kelsian Group Limited, a leading transport and tourism operator serving diverse sectors across Australia and globally.
- Commencing Net Income of $665,580pa (excluding GST & outgoings)
- Triple net lease with all statutory and variable outgoings, including repairs and maintenance of a capital nature and management fees payable by the Lessee.
- Guaranteed fixed annual rental growth over the initial and option terms
- Multiple freehold titles offering flexible development schemes and value creation strategies in Perth’s highest performing industrial market.
Welshpool is a prime industrial market located just 10 km southeast of the Perth CBD, offering excellent connectivity to major road networks, including Roe Highway and Leach Highway, ensuring efficient logistics and distribution. Within a 30-minute drive, the area serves a population of 1.6 million people and 625,976 households, providing businesses with access to a dense catchment.
The property is being offered for sale by Expressions of Interest closing 4pm AWST Wednesday 11 December 2024.
For further details or to gain access to the data room, please contact one of the exclusive selling agents.