2/215 Railway Avenue, Kelmscott, WA 6111

Industrial

Sold $400,000

  • Property ID: 336356
  • Floor Area: 365m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 365m2 N/A N/A
LEASED INVESTMENT - 8% YIELD

2/215 Railway Avenue, Kelmscott is a great opportunity for an astute investor to purchase a well-positioned showroom/warehouse on a busy Kelmscott commercial strip.
Total area 365sqm with approx. two thirds warehouse and the remainder, showroom facing Railway Ave.

The property is only one of two strata units which provides you the benefit of not having to deal with many property owners in a strata complex. It also comes with a generous amount of car parking, common yard which the tenant is using exclusively and a front showroom and office.

Lease Details:
- Initial 5 year lease expiring 31st March 2023
- Current rental $37,987.50pa + Outgoings
- 3x 5-year options

Features Include:
- 365sqm showroom/warehouse
- Dual street access
- Yard available for use
- Ample parking
- Easy access to Albany Highway, Armadale Road & Tonkin Highway

For more information or to arrange an inspection, please contact:

Lachlan Burrows
Ray White Commercial(WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

Josh Sumner
Ray White Commercial(WA)
M: 0488 221 331
E: josh.sumner@raywhite.com


*approximately

Kelmscott Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $161 ---
Retail --- $338 ---
Industrial $1663 $96 5.78%
This is the average advertised price, rent and yield for Kelmscott, WA 6111*

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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 2/215 Railway Avenue, Kelmscott, WA 6111. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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