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Cushman & Wakefield - PERTH

12 Carlston Rd Rockingham, WA 6168

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12 Carlston Rd,
Rockingham, WA 6168

Warehouse, Factory & Industrial

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Sale - Expression of Interest

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Cushman & Wakefield - PERTH
Ben Younger
Nick Goodridge
Nick Charlton

Cushman & Wakefield - PERTH

Ground Floor, 267 St Georges Terrace
PERTH, WA 6000
Cushman & Wakefield - PERTH
12 Carlston Rd
Rockingham, WA 6168

Map of 12 Carlston Rd

Directions
  • Train stations within 5 km of 12 Carlston Rd, Rockingham, WA 6168Distance
    Rockingham Station2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 12 Carlston Rd, Rockingham, WA 6168Distance
    Patterson Rd After Ennis Av318 m
    Patterson Rd Before Ennis Av420 m
    Dixon Rd After Ennis Av529 m
    Dixon Rd Before Ennis Av554 m
    Patterson Rd After Pickard Av555 m
    POWERED BY HERE ©
POWERED BY HERE ©

Self-Storage Portfolio of scale in Perth’s growth corridor

  • 3 properties, 740 units, 9,726sqm NLA
  • 86% average occupancy, 2.4M gross income
  • Rare opportunity, limited competition
Cushman & Wakefield are pleased to present For Sale a significant self-storage portfolio located within three established and high performing submarkets in Perth’s southern metropolitan corridor.

Available as a portfolio opportunity or as individual offerings, this rare opportunity is poised to take advantage of income reversion of 20% +, limited competition, a soaring population growth rate, and a customer base that stays for approximately 2 years on average. Land in this part of Perth is scare which will continue to constrain supply in an already tight market.

Key Portfolio Investment Highlights:

- 15+ years proven trading history.
- 80% drive up units by NLA.
- 86% average occupancy with stabilised gross income of $2,400,000 per annum.
- Limited competition – only one major competitor in each market.
- Rents materially below Perth averages
- Submarket population growth exceeds the state average by 93%.
- Proximity to complementary uses, including fuel, fast food, retail, trade, and business services.
- Additional hardstand and office space.
- Crucial CAPEX completed to support growth.


Individual Asset Summaries:

Rockingham
• Double storey construction
• Site Area:3,993sqm
• Storage: NLA 2,630sqm across 252units + hardstand + office

East Rockingham
• Single storey construction
• Site Area: 6,615sqm
• Storage: NLA 3,209sqm across 196units + hardstand + office

Mandurah (Greenfields)
• Single storey construction
• Site Area: 8,620sqm
• Storage: NLA 3,888dwm across 292units + hardstand + office

The properties are being sold exclusively by Cushman & Wakefield via an “Offers Invited” and are available in one line or as individual offerings.

For full details and a comprehensive Information Memorandum of this exceptionally rare opportunity please contact Cushman & Wakefield.

Property ID: 504545928Last Updated: 26 Apr 2024

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