Perth, 08 June 2016 – Close to 30,000sqm of developable retail land in the expanding town of Treendale – one of the south-west’s newest residential communities – has been listed for sale.
CBRE’s Andrew Woodley-Page and Richard Cash has been appointed to sell the 29,900sqm land parcel, which is situated in the heart of Treendale’s town centre retail precinct, opposite Treendale Shopping Centre.
Treendale is a modern lifestyle community located approximately 158 kilometres south of Perth, 16 kilometres south-west of Bunbury and 3.5 kilometres from Australind.
Mr Woodley-Page said the property offered a premium development opportunity in an exciting location.
“Benefitting from close proximity to the regional centres of Bunbury and Australind, this property represents an outstanding opportunity to undertake a retail development in a rapidly evolving residential precinct,” Mr Woodley-Page said.
Mr Cash said the site was ideally positioned to accommodate a landmark project.
“The site is ideally placed for the expansion of the existing shopping precinct, with opportunities for a discount department store to anchor stage of the expanded town centre,” Mr Cash said.
“This provides unique connectivity between surrounding residential estates and the town centre precinct,” Mr Cash added.
The property is being offered for sale via an Offers to Purchase campaign closing June 22, 2016.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.