Development Site At Maddington, WA, For Sale

Substantial Corner Site in Maddington For Sale

A tenanted warehouse on a large corner site at Maddington in Perth, which has the potential to further develop, is offered for sale through Ray White Commercial Burswood.

The substantial 2,767sqm site is located on the corner of Alloa and Church Road. A prime location, with good access and proximity to the state’s major highways; Roe and Tonkin, as well as the airports and rail freight terminals.

Ray White Commercial Burswood Sales and Leasing Associate, John Perrett said: “Current trends indicate that there has been an increase in industrial activity in Maddington, with its ideal location and affordability. We have also observed that property owners in Maddington have been more likely to renovate, extend or redevelop rather than re-locate.”

“Surrounded by a 1.8m high cyclone fence with gate access from both Alloa and Church Road, 27 Alloa Road represents a rare opportunity. The property features over 100m of road frontage exposure, with clear drive around access on three sides. Ideal premises for heavy industry, with a substantial bitumised hardstand and ample space available for container laydown and vehicular manoeuvring and access.

“The sitting tenant, who is on a periodic lease arrangement, has signed a contract to lease up until 31st December 2017 with two further rights of renewal of five years each.”

Ray White Commercial Burswood Sales and Leasing Associate, Michael Fitzgerald said: “The landlord has reserved the right to sign the contract based upon whether the buyer seeks a tenanted investment or vacant possession.”