1/4 Godfrey Street
Walliston, WA 6076

Positioned within one of Perth's tightly held hills industrial pockets, this versatile commercial asset offers an outstanding opportunity for investors seeking immediate income combined with future owner occupier flexibility.

Located in the heart of Walliston, just moments from Kalamunda, Lesmurdie, and major arterial routes connecting the eastern corridor to Perth Airport and the wider metropolitan area, the property is currently configured as a multi-tenanted automotive workshop facility. It boasts strong functionality with established occupants already in place.

The property sits on an 860 square meter land holding with approximately 368 square meters under roof. It comprises a large front workshop of approximately 258 square meters and an additional rear workshop of approximately 120 square meters. Additionally, there is supplementary aerial lease income, providing diversified revenue streams for astute investors.

The workshops feature excellent internal height, multiple roller door access points, shared driveway access, hardstand functionality, and onsite male and female amenities. These features make the property highly practical for automotive, fabrication, storage, or industrial-style operations.

Currently, the property returns approximately $50,400 per annum gross (including GST) and is being sold as a Going Concern. The income includes:

• Front workshop lease: $1,500 per calendar month
• Rear workshop sublease: $1,200 per calendar month
• Aerial/site lease: $1,500 per calendar month

The automotive workshop tenancy is secured until 8 December 2028, while the aerial agreement continues on a longstanding month-to-month arrangement.

This functional, income-producing industrial asset offers genuine long-term flexibility in a low supply location. It is an opportunity well suited to passive investors today with future owner occupier potential down the track.

Property Features:

• 860 square meter land holding
• Approximately 368 square meters total building area
• Front workshop approximately 258 square meters
• Rear workshop approximately 120 square meters
• Approximate $50,400 per annum gross income (including GST)
• Sold as a Going Concern
• Multiple tenancies in place
• High-clearance workshop spaces
• Hoist in front unit
• Shared driveway access
• Onsite male and female toilets
• Approximately 6 onsite parking bays
• Strata titled property
• Council Rates: Approx. $2,139.88 per annum
• Water Rates: Approx. $112 bi-monthly

Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller. It may be subject to change. No warranty or representation is made as to its accuracy, and interested parties should make their own independent inquiries.