235-237 Bank Street, Welshpool, WA 6106

Industrial

Sold $2,500,000

  • Property ID: 445461
  • Floor Area: 1504m²
  • Land Area: 3174m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 11/09/2024 1504m2 3174m2 $2,690,000
Experience the Exceptional: Prime Industrial Property with Proven Rental Performance

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

Welshpool Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4661 --- ---
Industrial --- $175 ---
Offices --- $175 ---
This is the average advertised price, rent and yield for Welshpool, WA 6106*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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