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Retail for Sale

168-170 Walter Road West Bedford, WA 6052

$6m | 12 year lease | inner-city locationPlay Video
  • Building: 230m²
  • Land: 2,528m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Bedford

Quality sound investment

  • Building: 230m²
  • Land: 2,528m²
Next Steps:
Enquire with agent

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
M: 0478 611 168
E: brett.wilkins@raywhite.com

* approximate
^ Source: MainRoads WA

Building:

230m²

Land:

2,528m² / 0.62 acres

Zone:

Service Station

Tenancy:

Tenanted

Categories:

Retail, Showrooms/Bulky Goods, Industrial/Warehouse

Next Steps:
Enquire with agent
Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Title Scheme:

Torrens Title

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

168-170 Walter Road West, Bedford, WA 6052
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