Premium Blue-Chip Freehold Investment

Showrooms/Bulky Goods - Embleton WA

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
– 5.1 year WALE*
– 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