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: Contact Agent
Outgoings: Contact Agent
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