Fifth Property Milestone: Warehouse in Midvale
7 Farrall Road, Midvale WA
Fifth Property, First Warehouse
Our clients returned to us for their fifth acquisition, this time making their first move into the commercial property space. With a strategic focus on scalable, income-producing assets, we identified a self storage facility in the inner eastern suburbs of Perth, positioned on a 1,035sqm landholding in a tightly held market with strong occupancy fundamentals.
Scalable, Income-Producing, with Upside
The facility has maintained 90% occupancy since inception and currently delivers a 5.8% net yield. With a 20% rental increase upside still to be captured, this asset is positioned to improve its returns over time without any capital expenditure or structural changes. A strong commercial entry point and a natural next step in a well-executed long-term portfolio strategy.
A self storage facility in Perth secured as a fifth acquisition, delivering immediate income with clear rental upside still to come.
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