168-170 Walter Road West,
Bedford, WA 6052
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sale
$6m | 12 year lease | inner-city location
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 168-170 Walter Road West
Train stations within 5 km of 168-170 Walter Road West, Bedford, WA 6052 Distance Meltham Station 2.7 km Bayswater Station 3 km Maylands Station 3.2 km Mount Lawley Station 3.9 km Ashfield Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of 168-170 Walter Road West, Bedford, WA 6052 Distance Barker St Before Coode St 39 m Coode St After Walter Rd 97 m Barker St After Coode St 102 m Walter Rd After Coode St 139 m Barker St After Lawrence St 150 m POWERED BY HERE ©
POWERED BY HERE ©
Quality Sound Investment
This is a property investment with a new 12 year lease from Vibe Fuel on offer (the business is not for sale).
It is situated ona prominent Inner-city corner location.
An opportunity exists to acquire a new fuel station as an investment in the middle of Bedford on a new 12-year lease.
The fuel station is strategically located on the corner of Walter Road West and Coode Street in Bedford just 900m* from Morley Galleria.
The service station is situated on a 2,528sqm corner site and will be tenanted to VIBE Petroleum who recently constructed the station in 2021.
Highlights:
• New 2021 construction
• $360,000pa Net Income
• 12-year lease and 4 x 5 years options commenced 1 July 2023
• CPI + 0.5% annual rent increases
• Market rent review (upwards only) at the start of each option
• Frontage to Walter Road West and Coode Street with approximately 23,800 passing vehicles a day^
Vibe Petroleum is the largest independent fuel retailer in Western Australia, established in 2014, with 50 petrol stations.
The business is not for sale just the property with a strong rental income.
For further details or to arrange an inspection please contact the Agent:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 1...
E: brett.wilkins@raywhite.com
* approximate
^ Source: MainRoads WA
It is situated ona prominent Inner-city corner location.
An opportunity exists to acquire a new fuel station as an investment in the middle of Bedford on a new 12-year lease.
The fuel station is strategically located on the corner of Walter Road West and Coode Street in Bedford just 900m* from Morley Galleria.
The service station is situated on a 2,528sqm corner site and will be tenanted to VIBE Petroleum who recently constructed the station in 2021.
Highlights:
• New 2021 construction
• $360,000pa Net Income
• 12-year lease and 4 x 5 years options commenced 1 July 2023
• CPI + 0.5% annual rent increases
• Market rent review (upwards only) at the start of each option
• Frontage to Walter Road West and Coode Street with approximately 23,800 passing vehicles a day^
Vibe Petroleum is the largest independent fuel retailer in Western Australia, established in 2014, with 50 petrol stations.
The business is not for sale just the property with a strong rental income.
For further details or to arrange an inspection please contact the Agent:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 1...
E: brett.wilkins@raywhite.com
* approximate
^ Source: MainRoads WA
Additional information
External websites
Property ID: 504127815Last Updated: 6 May 2024
04786111...
168-170 Walter Road West
Bedford, WA 6052
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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