JLL, on behalf of the Craig Mostyn Group (the Vendor), is offering for sale two of Western Australia’s most strategic and significant metropolitan industrial land holdings.
Lots 118 & 119 Lakes Road in Hazelmere, provides a truly unique opportunity in a land starved market to acquire industrial holdings of scale within Perth’s core eastern industrial corridor.
With the constant threat of rising transport costs and sustained limited land supply in Perth’s eastern corridor, the opportunity to own strategic industrial land parcels located within close proximity to major transport infrastructure will make a compelling development proposition for owner occupier and developer groups.
Key Attributes of Lots 118 & 119 Lakes Road Hazelmere include:
Lot 118: 3.8617 ha (approx.)
Lot 119: 4.6690 ha (approx.)
Total Land Area: 8.5307ha (approx.) – two freehold titles
Can be bought as individual lots or 'in one line'
PARTICULARS OF TITLE
Lot 118 on Certificate of Title Volume 1243 Folio 93 being the whole of the land on Plan 4553
Lot 119 on Certificate of Title Volume 11 Folio 75A being the whole of the land on Plan 4553
The subject sites are subject to the Hazelmere Enterprise Area Structure Plan (HEASP) which was adopted in 2011. The HEASP sets out the broad planning framework for the subdivision and development of the structure plan area.
Lot 118 and 119 were subject to Scheme Amendment No.86 to LPS17. Under this Scheme Amendment Lots 118 & 119 were proposed to be rezoned to ‘’Light Industrial’’. Scheme Amendment 86 to LPS17 has been approved by the Minister for Planning.
The subject lots are strategically located in the established, industrial sub market of Hazelmere, which is widely regarded as one of Perth’s premium industrial locations, positioned approximately 15km’s east of the Perth CBD.
A number of significant developments have occurred within Hazelmere over the past decade, with the precinct being particularly favoured by large scale industrial users active in the logistics, distribution and mining sectors, all of which have required large tracts of strategic land being located in close proximity to the surrounding key arterial transport networks.
Both lots benefit from being in close proximity to an extensive road freight network, with Great Eastern Highway, Roe Highway, Tonkin Highway and Abernethy Road being the key arterial networks. Abernethy Road acts as the eastern industrial precincts main arterial road linking the subject properties to the established industrial suburbs of Kewdale and Welshpool, allowing for fast and direct access to the Kewdale Freight Terminal, Perth Airport and further to the Fremantle Port via Leach Highway.
Surrounding occupiers within Hazelmere include major corporates such as CCA Australia, Linfox, MTU, Toll, Northline, Kuhmo, Rand, Chevron, Chrysler, CEVA, Mainfreight, Rand, BGC and Centurion to name a few. It is this high caliber of national and international occupiers and the precincts strategic position that reinforces Hazelmere as one of Perth’s most established and important industrial suburbs.
FOR SALE BY PRIVATE TREATY