Strong demand for WA industrial land pushed off-market sales

The sale of investment property 4 Aitken Way, Kewdale, by Ray White Commercial WA has continued the trend of strong demand for the state’s industrial assets.

The industrial property, which is currently tenanted by pest-control company Rentokil, sold for $3.05 million and represented a return of 7.54 per cent on the current rental.

The 4,048sqm property located in a blue chip industrial sector was held for approximately 30 years by the previous owner, and was offered to the market for sale in an off-market campaign managed by Ray White Commercial WA industrial negotiator Martin Vogt and sales executive Lachlan Burrows.

“We often preach the benefits of our national investor database, and this was a great example of how effective this method of marketing is,” Mr Vogt said.

“For the past 12-18 months we have had strong demand nationally for WA based industrial assets and we see this trend continuing.”



Martin Vogt

Industrial negotiator – Ray White Commercial WA

0428 619 514

Lachlan Burrows

Sales executive – Ray White Commercial WA

0499 552 296

Media contact: 

Cassandra Glover

Media Advisor – Ray White Group

0447 000 472

Up to Date

Latest News

  • New 10 year tenant at Perth’s Council House

    Council House will have a new tenant after level 3 was leased to McWilliam Davis Lawyers. Ray White Commercial WA director of commercial services Luke Pavlos brokered the deal, with the 753 sqm floor leased for 10 years at a rate of $375/sqm per annum. Mr Pavlos identified and secured … Read more

    Read Full Post