Reiwa Reiwa
11 McCombe Road, Davenport WA 6230

11 McCombe Road, Davenport WA 6230

From $2.35 Million (Going Concern)


Industrial/Warehouse

Contact the agent

Keiran Daggett

0427902106

MLV Property South West


MULTI-USE INDUSTRIAL INVESTMENT WITH UPSIDE

Positioned within the tightly held industrial precinct of Davenport, this versatile and income-producing property presents an exceptional opportunity for investors, owner occupiers and developers alike. Offering multiple income streams, strong existing cashflow and future development potential, 11 McCombe Road is a strategic acquisition in one of the South West's key industrial growth corridors.

Occupying a substantial 4,529sqm landholding*, the property is zoned Light Industry and benefits from outstanding connectivity via the South Western Highway, Bussell Highway and the recently completed Bunbury Outer Ring Road, providing efficient access throughout the South West region and beyond.

The property comprises a combination of warehouse accommodation, office space, private parking and a self-storage component consisting of 32 storage units and utility sheds, creating diversified and resilient income generation.

Currently approximately 70% leased, the property offers immediate holding income together with significant potential to further improve returns through lease-up of the remaining vacant areas. Importantly, 22 storage units are leased on periodical agreements, allowing flexibility for rental increases and ongoing income optimisation.

Property Highlights:
• Multi-use industrial investment
• Zoned Light Industry
• Large 4,528sqm site area*
• Building Area 1,040 sqm
• Main warehouse plus office accommodation
• Private on-site parking
• 32 storage units within the complex
• Approximately 70% leased
• Dual income streams providing diversified returns
• Strong existing cashflow
• Potential rental uplift through vacancy reduction
• Development and value-add potential (STCA)
• Strategic South West industrial location
• Excellent access to major transport routes including Bunbury Outer Ring Road

This is a rare opportunity to secure a well-positioned industrial asset with immediate income, future upside and long-term growth potential in the expanding Bunbury industrial market.

Buy Now & Save … Delay and You Pay

For further information or to arrange an inspection, contact the Exclusive Agent: Keiran Daggett.

Please note, whilst all care and attention are taken, all representations and references are approximate only. Any boundaries shown are provided as a guideline only. Interested parties should carry out their own due diligence, including a visual inspection, before entering into any offer/contract.

Property features

  • Land area 4,529m2
  • Floor area 1,040m2
  • Tenure type Vacant possession

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5030319