Burgess Rawson WA are pleased to present 484 Walter Road East, Embleton for sale - a prominent freehold investment securely leased to three major national tenants: BP Australia, Bridgestone Australia and Snap Fitness 24/7.
The property generates a combined net income of $712,934 per annum* effective from 20 September 2026, with a WALE of approximately 6.1 years by income*.
Investment Highlights:
- Substantial net income of $712,934 per annum* effective from 20 September 2026
- Long-term leases to three established national tenants
- WALE of approximately 6.1 years by income*
- BP Australia – 15-year initial term, plus three further five-year options
- Bridgestone Australia – 12-year initial term, plus two further five-year options
- Snap Fitness 24/7 – 10-year and three-month initial term, plus two further five-year options
- Significant 3,960sqm* freehold landholding
- Combined building area of 1,093sqm* (excluding the fuel station canopy)
- Zoned “Light Industry” under the City of Bayswater Town Planning Scheme No. 24
- High-profile position along Walter Road East, with approximately 14,884 passing vehicles daily(1).
- Located approximately 8km* from the Perth CBD
- Excellent exposure and accessibility within an established commercial precinct
- Surrounded by established residential catchments, retail amenity and commercial activity
- Located near the Morley Activity Centre and the Galleria Shopping Centre redevelopment, currently under construction with completion anticipated in late 2026(3).
- Situated near the proposed $300 million Perth Glory sports, residential and accommodation precinct at Wotton Reserve, supporting the continued renewal and growth of the surrounding area(4).
The property represents an outstanding opportunity to acquire a substantial metropolitan investment underpinned by three nationally recognised tenants, strong passing income and strategic underlying land value.
Asking Price:
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Outgoings:
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For Sale by Offers Invited, closing 4:00PM AWST,
Wednesday, 21 October 2026.
For further information or to arrange an inspection, please contact the exclusive selling agents.
*Approximate.
(1)Main Roads Traffic Map 2021/22 Average
(2)City of Bayswater
(3)Galleria Shopping Centre
(4)The Australian Financial Review
This commercial property at 484 Walter Road East, Embleton is listed for sale by Nadia Milana at Burgess Rawson.
It has been described by the agent as ‘Premium Blue-Chip Freehold Investment’.
If you would like to get in touch with Nadia Milana regarding 484 Walter Road East, Embleton, please call 08 9288 0288 or contact the agent via email.