The marketing campaign is expected to draw particular interest from owner occupiers requiring a high volume of office space in Perth’s northern corridor.
“The sale of the property presents a great opportunity for owner occupiers in need of a Northern corridor located office headquarters,” Mr Iredell said.
“The site’s large land area, proximity to major arterial road networks and Industry zoning also provides a good future development opportunity in an otherwise land starved precinct.”
Mr Iredell added that underlying land values in Balcatta are traditionally high due to the tightly held nature of the precinct and the scarcity of vacant land parcels.
The site is strategically positioned approximately 12km from Perth CBD with direct access to Balcatta Road connecting the property to Wanneroo Road, Reid Highway and the Mitchell Freeway.
With neighbours including Brownes Diary, Balcatta HQ and Campbells Cash & Carry, the site is also close to established amenities including Stirling Central Shopping Centre.
24 Geddes Street is being offered for sale with vacant possession via an Offers Invited campaign closing June 20, 2019.
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