Residential
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For Sale
5 Beaver Street,
Webberton 6530, Western Australia
Offers from $825,000 + GST
Property details
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Agents
Ray White Mid West Geraldton Dongara - Geraldton Location
1/209 Foreshore Drive, Geraldton Western Australia 6530
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Would suit buyers looking for future occupancy.
5 Beaver Street, Webberton WA
5 Beaver Street presents an attractive entry level opportunity within the established Webberton industrial precinct, offering a functional multi-unit industrial asset with an existing income stream.
The property
• Land 4,049m2
• total building footprint is approx 648m².
• 3 industrial units of approximately 216m² each,
• The configuration offers flexibility for multiple tenants and provides the potential to maintain a diversified rental income profile.
• Current gross income of approximately $50,724.13 per annum
• Multiple tenancy configuration providing income diversification
• Future potential development with current building to land ratio 16.00%, pending council approval.
• Revitalise the site with a repaint.
**Property is to be sold in 'AS IS' condition.
Tenants (Gross Leases)
• Shed 1, Lease expires 31 October 2027, tenants have been in place since 2021, renewing the lease each year.
• Shed 2, Lease expires 31 October 2027, tenant has been in place since 2021, renewing the lease each year.
• Shed 3, Lease expires 31 May 2029 with 1 x 1 year option. Rent Reviews fixed 3.25%
Suitable for both private investors and owner-occupiers, after the expiry of current leases.
Overall, 5 Beaver Street represents a well-positioned, entry-level industrial investment with an existing income stream and potential for future rental growth or development.
For more information, please contact Katrina Brown from Ray White Geraldton Dongara on 0476 592 238
5 Beaver Street presents an attractive entry level opportunity within the established Webberton industrial precinct, offering a functional multi-unit industrial asset with an existing income stream.
The property
• Land 4,049m2
• total building footprint is approx 648m².
• 3 industrial units of approximately 216m² each,
• The configuration offers flexibility for multiple tenants and provides the potential to maintain a diversified rental income profile.
• Current gross income of approximately $50,724.13 per annum
• Multiple tenancy configuration providing income diversification
• Future potential development with current building to land ratio 16.00%, pending council approval.
• Revitalise the site with a repaint.
**Property is to be sold in 'AS IS' condition.
Tenants (Gross Leases)
• Shed 1, Lease expires 31 October 2027, tenants have been in place since 2021, renewing the lease each year.
• Shed 2, Lease expires 31 October 2027, tenant has been in place since 2021, renewing the lease each year.
• Shed 3, Lease expires 31 May 2029 with 1 x 1 year option. Rent Reviews fixed 3.25%
Suitable for both private investors and owner-occupiers, after the expiry of current leases.
Overall, 5 Beaver Street represents a well-positioned, entry-level industrial investment with an existing income stream and potential for future rental growth or development.
For more information, please contact Katrina Brown from Ray White Geraldton Dongara on 0476 592 238
Inspections
Explore the area
School catchments
- Geraldton Christian College Combined PP-12 Independent 1.2km
- Allendale Primary School Primary K-6 Government 1.2km
- Geraldton Grammar School Combined PP-12 Independent 1.5km
- St Lawrence's Primary School Primary PP-6 Catholic 1.8km
- Meekatharra School Of The Air Primary K-6 Government 2.0km
- Bluff Point Primary School Primary K-6 Government 2.2km
- Rangeway Primary School Primary K-6 Government 2.6km
- St Francis Xavier Primary School Primary PP-6 Catholic 3.0km
- St John's School Primary PP-6 Catholic 3.0km
- Nagle Catholic College Secondary 7-12 Catholic 3.2km
- Geraldton Senior High School Secondary 7-12 Government 3.3km
- Geraldton Primary School Primary K-6 Government 3.5km
- Champion Bay Senior High School Secondary 7-12 Government 4.2km
- Waggrakine Primary School Primary K-6 Government 4.3km
- Beachlands Primary School Primary K-6 Government 4.3km
- Mount Tarcoola Primary School Primary K-6 Government 4.9km
- Wandina Primary School Primary K-6 Government 6.7km
- Leaning Tree Steiner School - Glenfield Campus Combined Independent 8.1km
- Leaning Tree Steiner School Combined PP-9 Independent 8.2km
- Northampton District High School Combined K-10 Government 45.0km
- Dongara District High School Combined K-12 Government 61.9km
- Mullewa District High School Combined K-12 Government 89.2km
- Kalbarri District High School Combined K-12 Government 124.9km
- Western Australian College Of Agriculture - Morawa Secondary 10-12 Government 142.5km
- Morawa District High School Combined K-12 Government 142.8km
- Carnamah District High School Combined K-12 Government 160.1km
- Jurien Bay District High School Combined K-12 Government 176.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Katrina Brown
Contact Katrina Brown
Katrina Brown
5 Beaver Street, Webberton WA 6530
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Katrina Brown
5 Beaver Street, Webberton WA 6530