Surplus land adjoining the former Perth Print House has been listed for sale through CBRE.
CBRE’s Geoff Fraser, who is marketing the property, said the 96-100 Bannister Road property offered more than 100m street frontage – representing outstanding value and an attractive investment opportunity.
The site - one of Canning Vale’s single largest industrial properties currently offered for sale - has future subdivision or development potential subject to council approval.
Development options could include showroom, offices, warehousing and workshops.
“Located amongst several well-known local, national and multinational companies, this property is an outstanding opportunity to secure a substantial presence with exposure onto the area’s main thoroughfare, Bannister Road,” Mr Fraser said.
“The convenience and location make Canning Vale one of Perth’s best industrial areas. Its northern boundary, Roe Highway, connects with Kwinana Freeway to the west and Albany Highway to the east - providing access to Perth Airport and the CBD.”
Mr Fraser went on to say Canning Vale has recently undergone significant growth, with several large developments in the newly establish Swan Brewery Industrial Estate.
“Land is fast becoming a rare commodity in Canning Vale, so this offering is an opportunity to buy vacant land that may not be available for much longer.”
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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 (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.