Lot 503 Lakes Road, GREENFIELDS WA 6210
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- 16 Dec 2016
CBRE, as exclusive selling agent is pleased to present Lot 503 Lakes Road, Greenfields for sale.
The property comprises a significant 22,496sqm of Urban Development land zoned 'Service Commercial' and 'Mixed Use'; allowing for a multitude of development options. Strategically located on the southern side of Lakes Road approaching the Pinjarra Road intersection within the Greenfields growth precinct. Pinjarra Road provides easy connectivity to the Kwinana Freeway facilitating access to the Perth CBD, and Mandurah City Centre.
The City of Mandurah is one of the fastest growing regions in Western Australia with a 2.86% annual growth rate expected over the coming 5 years. The expected population growth has prompted transport and infrastructure upgrades as well as a multitude of development and improvements to the existing facilities; ensuring that the region is well placed to accommodate future growth.
The property is situated adjacent Mandurah Home City Large Format Retail centre home to national brands such as JB HiFi, Good Guys and Rays Outdoor.
This is truly an outstanding acquisition opportunity for astute developers offering a multitude of potential retail development options.
The property is being offered for sale via an Offer to Purchase Invited campaign.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Lot 503 Lakes Road GREENFIELDS