An owner-occupier has snapped up a standalone industrial warehouse within Bibra Lake’s prime industrial precinct for $1,145,000 at 46 Bushland Ridge
The asset, that came with cold storage included, offered a 656sq m* building area and was sold as vacant possession.
The asset was marketed and sold by Ray White Commercial (WA) Sales and Leasing Associate Enrique Reyes.
Mr Reyes said the property was built with the operating business being a fruit and vegetable supply company.
“It was attractive because of the grease trap, fridges, and solar panels that were appropriate for most food businesses,” Mr Reyes said.
“We’ve noticed a number of buyers have been looking for approved food premises in the metro area, but have struggled to find the right one.
“Most in the market are quite big, and the alternatives are just too small. 46 Bushland Ridge was in a unique position in terms of size.