Building type: Industrial/ Warehouse
Building area: 1,204m2
Land area: 3,604m2
Purchase price: $7.475 million
$/m2 building area: $6,208/m2
$/m2 land area: $2,074/m2
Low site coverage offering opportunity to expand warehouse per clients requirements.
Main road exposure to Great Western Highway.
How Did Prosper Group Assist Their Client?
Rising business costs and soaring industrial rents prompted our client to begin searching for an industrial space that suited their unique business requirements. Our client recognised the complexities of the current industrial market and engaged Prosper Group to assist.
Through our extensive market research, relationships with selling agents and industry knowledge, we were able to present our client with various options in a tight industrial market. In particular, this industrial warehouse with truck access and main road exposure.
The property’s low site coverage allowes room for future expansion to accommodate our clients’ growing business – a key requirement in our clients brief. We were able to leverage our relationship with the required consultants in order to complete a thorough due diligence on the property in just two weeks. This allowed our client to bid at auction with peace of mind and full confidence.
Through opting for a tailored approach, our client was able to streamline their search and ensure a seamless acquisition process.