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1-3 Tilli Place, Welshpool WA 6106

Offers To Purchase

Search Band Search Visibility Band

$7M - $8M Medium Confidence Calculated based on our search observations.

Commercial 5194 m² 3090 m²

Listed: 3 days ago

Updated: 22 hours ago

Overview

This prime industrial investment at 1-3 Tilli Place, Welshpool, occupies a substantial corner site of approximately 5,194sqm with the significant advantage of three street frontages and four crossovers, enhancing access and operational flexibility. The property comprises a versatile combination of office and warehouse space, consisting of around 345sqm of well-presented, single-level office accommodation coupled with a 2,745sqm insulated warehouse. The spacious paved parking and driveway areas provide ample vehicle accommodation and facilitate smooth logistics operations.

Currently leased to a reputable tenant with a strong passing net rent exceeding $350,000 per annum (excluding GST and outgoings), the asset offers secure income until early 2028, with an additional lease option extending beyond. This makes it particularly attractive for buyers interested in stable rental returns underpinned by quality tenancy and prime location.

The property's flexible building design and expansive sealed site are ideal for a range of industrial activities, allowing prospective buyers to adapt the space to evolving operational needs. The corner site position further elevates its profile and offerings, catering to companies valuing excellent access, exposure, and efficient circulation.

This asset will appeal primarily to industrial investors seeking long-term income with growth potential within a strategic Perth industrial precinct. Its combination of solid tenancy, site attributes, and flexible facilities presents a compelling opportunity in the commercial market.

Local Market Insights

In Welshpool, Quiet Listings observed 2 new commercial properties entering the market over the last 30 days, with an average advertised asking price of $3,825,000. All new listings observed during this period were Commercial properties. The only agency with for commercial properties listings currently monitored in the Welshpool area is Tilt Commercial. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.