50 Farrall Road,
Midvale, WA 6056

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Parking info

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Map of 50 Farrall Road

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LEASED INVESTMENT

Two titles to be sold as one Parcel.
Lease to one tenant till 2017 plus options.
50 Farrall Rd & 34 Elmsfield Rd, Midvale
Zoned "Service Commercial" & "Light Industrial"
Total land area 4501sqm

Lease commencement 22 Oct 2007
Rent reviews annually on 21 October
2008 to 2011 & 2018 to 2021 - 2%
2012 & 2017 - Market
2013 to 2016 & 2023 to 2026 - CPI
Both properties have an Easement Burden to the Water Corporation under section 27A of the TPDA shown on diagram 91682

FURTHER DETAILS

50 Farrall Road - Zoned "Service Commercial"

Improvements comprise approximately 392sqm steel frame shed incorporating approximately 65sqm office & approximately 73sqm canopy set on a corner location site of 2000sqm of land.

34 Elmsfield Road - Zoned "Light Industrial"

Improvements are a brick office showroom area of approximately 466sqm with a steel frame shed comprising approximately 477sqm of warehouse and approximately 260sqm of concrete mezzanine set on a site of 2501sqm of land.

Additional information

External websites

External link 1

Midvale, 6056 demographic data

The median household income for Midvale is $1,433, 23% lower than Greater Perth's household income of $1,865. Midvale has a younger age profile compared to the rest of Greater Perth (median age 35 vs 37). Property ownership data shows 76% of property owners in Midvale have a mortgage.

2,283

Population

$1,433 per week

Median household income

35 years

Median age

Owners

Most residents

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Most households