Strong interest expected in 5.5ha site on Stirling Crescent.
Colliers International’s Martin Vogt and Jeremy Parasiliti have been appointed to sell a 5.5ha land holding near the Helena River in Hazelmere.
Mr Vogt said the size of the Stirling Crescent property and its special use zoning would encourage interest from buyers wanting to secure land with a range of development options in Hazelmere’s fast-growing commercial market.
“The property has a 200 metre frontage to Stirling Crescent and under the City of Swan’s town planning scheme its potential uses include industrial, education, place of worship, lunch bar and restaurant, garden centre, medical, service station and veterinary centre,” Mr Vogt said.
“With its access to major roads and the scale of its land holdings, Hazelmere is now recognised as one of Perth’s key destinations for freight and heavy vehicle movements.”
Mr Vogt said work on the nearby Lloyd Street extension was also expected to increase interest from industrial buyers.
“When the latest stage is completed, Lloyd Street will extend to the Great Eastern Highway Bypass which will become the main entry point for large vehicle movements into this section of Sterling Crescent.”
Mr Parasiliti said the sale was a great opportunity to development in an emerging pocket of Hazelmere that was already home to Coca Cola Amatil, MTV, Hanssen, Linfox, and Charter Hall’s Stockyard Industrial Estate.
Lot 39 Stirling Crescent will be sold by expressions of interest which close on December 8.