5 Beaver Street Webberton, WA 6530

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