Cushman & Wakefield, as exclusive selling agents, are pleased to present to the market 17 – 21 Fargo Way, Welshpool – a strategically positioned 22,133 sqm freehold industrial site* improved with functional warehousing, a drive-through breezeway and office facilities.
Currently operating as a transport depot with a short-term lease in place, the property offers owner-occupiers the opportunity to secure their future in Perth’s highest-performing eastern industrial precinct, or investors and developers the ability to access a short WALE income producing asset with total flexibility for planning future value creation strategies.
With only 24% site coverage, the site provides additional development potential in a market increasingly constrained by the scarcity of core infill industrial land. 17 – 21 Fargo Way represents a rare combination of scale, flexibility, and location within a tightly held sub-market supported by robust forecasted economic and population growth.
Key Features:
• Total Land Area: 22,133sqm* (single freehold title)
• Total Building Area: 5,341sqm* (24% site cover)
• 100% leased to national logistics provider Neil Mansell Transport
• Lease expiry 31st January 2027 (no option term) providing certainty of occupation for future owner occupiers
• Current passing net rent of $975,000 per annum (excluding GST) with a pending CPI rent increase due on 1 February 2026
• Functional, adaptable improvements with genuine opportunity to expand the building footprint given the low site cover
• Unparalleled connectivity to major road networks underpinning the long-term value potential of the Welshpool industrial precinct
For Sale by Expressions of Interest closing 4pm (AWST) 4 March 2026.
For further information or to arrange a site inspection please contact the exclusive selling agents.
*Approx.
- Perth - Southern Suburbs