Two assets at 527 Bickley and 33 Emerald Road Maddington sold by JLL Logistics & Industrial agents Andrew Fife and Nick Goodridge. 

The office/workshop and warehouse improvements on a combined 6,155sqm of ‘general industrial’ zoned land, were purchased by two separate owner occupiers, BW Solar and Diesels Mobile Mechanics.  

The high-quality nature of the improvements and the existing overhead gantry crane facilities were attractive to the buyers who were both purchasing their first industrial properties.

JLL Logistics & Industrial agents Andrew Fife and Nick Goodridge sold the property via private treaty which resulted in a combined sale price of $4,450,000 and were purchased with vacant possession.  

Andrew Fife, Director, Logistics & Industrial said “The appetite we are seeing from owner occupiers in the manufacturing sector is unprecedented and is being driven by the resurgent resource sector and WA’s investment in infrastructure projects”.

“Owner occupier activity, especially in core industrial markets has picked up significantly and the difficulty now for buyers is the lack of options available which is starting to put pressure on capital values,” he said.

527 Bickley and 33 Emerald Road feature adjoining freehold land parcels which included good standard industrial buildings and benefit from being positioned in the heart of the Maddington industrial precinct.

Nick Goodridge, Head of Logistics & Industrial WA, said “The response we saw from the market for these two assets was on trend with what we are seeing at the coal face of the industrial sector with enquiry still being received”.

“The demand for core infill locations and industrial sites in our premier eastern corridor locations continues to build, with a deep buyer pool for any industrial asset brought to market”.

To request a sales analysis please email either of the selling agents via the below contact forms.