Two substantial Wattleup contaminated sites for sale

EXPRESSIONS of interest are being sought for two substantial land assets on the contaminated sites register at 962 Rockingham Road and 13 Musson Road, Wattleup, Western Australia.

One property faces Rockingham Road with a land area of 6.7166ha*, with the other asset adjoining at the rear portion with a land area of 3.040ha*, and are being sold under instructions of the liquidator, Avior Consulting.

The opportunities are being marketed and sold by Ray White Commercial (WA) sales and leasing, Enrique Reyes and manager – property advisory, Brett Wilkins.

Mr Reyes said the assets would appeal specifically to buyers who have experience with sites that are contaminated and understand the remediation requirements.

“Contaminated sites will put some people off, but for astute investors and builders, they’ll realise this is an opportunity with tremendous upside,” he said.

“We understand that contaminated sites are more difficult, but the combination of a liquidator sale and the state of the land, provides a rare opportunity for affordable development.

“What we’re talking about here, is pure potential for the future and the large development sites being in the Latitude 32 Industrial Precinct, is a real bonus.”

Mr Wilkins said the asset was 27km* south-west of Perth CBD, and with it being part of the Western Trade Coast, the location alone would be a real drawcard.

“The Western Trade Coast is a gateway to international markets and is believed to be Perth’s most important industrial area,” he said.

“The exposure to Rockingham Road is the icing on the cake as it’s the main access highway linking the south coastal areas from Rockingham to Fremantle.”

Expressions of interest close on Wednesday 10 April 2019 at 4pm (AWST).

*Approximately.