Cushman & Wakefield is pleased to present for sale 50-52 Banksia Road, Welshpool, a rare 4,250sqm* General Industry landholding with approximately 1,993sqm* of existing warehouse, workshop and office improvements.
The property provides a compelling combination of holding income, potential for rental reversion and future development potential within Perth’s most tightly held industrial precinct.
The existing improvements are occupied by multiple users, providing diversified holding income, predominantly on monthly arrangements and below market rents, providing an opportunity to capture rental growth.
Purchasers can consider a range of strategies, including:
• Retaining the existing improvements and income and capture rental reversion
• Refurbishing or repositioning the asset
• Exploring future development opportunities across a very rare landholding
Key Highlights:
• 4,250sqm* of freehold, general industrial zoned land
• Approximately 1,993sqm* of existing improvements
• Diversified holding income across 10 units
• Significant future development flexibility and owner occupation pathways
• Established Welshpool industrial location east of Perth
50-52 Banksia Road offers a rare combination of scale, income and development optionality in a tightly held core industrial market.
For further information, a copy of the Information Memorandum and to arrange an inspection please contact the exclusive selling agents from Cushman & Wakefield.
*Approx.
- Perth - Southern Suburbs