33 McDowell Street
33 McDowell Street, Welshpool WA
33 McDowell Street is a large warehouse and distribution facility located in the industrial suburb of Welshpool, approximately 13 kilometres east of the Perth CBD. The property comprises three warehouses and a freestanding office of 850 square metres, a covered loading dock and truck maintenance workshop. The property was acquired from First Fleet Pty Ltd under a sale and leaseback structure.
| Property details | |
| Type: | Industrial |
| Site area: | 2.9 ha |
| Lettable area: | 14,036 sqm |
| Car spaces: | N/A |
| Title: | Freehold |
| Ownership: | 100% |
| Acquisition date: | June 2005 |
| Valuation: | $9.8 million |
| Valuation date: | June 2009 |
| Book value: | $9.7 million |
| Occupancy: | 100% |
| Major tenants: | 1st Fleet (14,036 sqm) |