Experts discuss Western Australia’s industrial property market
Hundreds of people tuned in to listen to the 25th edition of RWC’s Between the Lines webinar today, where our panel of experts discussed Western Australia’s industrial market.
A NATIONAL business has snapped up an industrial warehouse at 28 Davison Street, Maddington, in the City of Gosnells for $3,000,000 + GST.
The asset, that came with a 2,761sq m* building area and had a 7,640sq m* land size, offered easy access to Tonkin, Roe and Albany Highways.
The property was marketed and sold by Ray White Commercial (WA) Sales and Leasing Agent Josh Sumner.
Mr Sumner said Maddington was traditionally a transport hub but it was hard to find an asset available of this stature.
“It was particularly appealing because of the landholding and the ability to adapt to various consumers due to multiple roller doors, cranes, and substantial landholding,” Mr Sumner said.
“The national business decided to buy this property because it was move-in-ready and it suited their wholesale business needs.
“The property also appealed because it was a secure green title lot that’s set in the heart of the Maddington industrial precinct.
“Other features included warehouse, office and amenities, canopy, five-ton gantry crane, 12 loading docks and security cameras.
“The asset also came with 15 roller doors, dual cross overs, container laydown area, ample power, three-phase power and transmitter aerials for communication.”
*Approximately.
Hundreds of people tuned in to listen to the 25th edition of RWC’s Between the Lines webinar today, where our panel of experts discussed Western Australia’s industrial market.
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