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1 & 3 Alex Wood Drive, Forrestdale WA 6112

Listed: 51 days ago
Updated: yesterday
Overview

Strategically positioned in the burgeoning Forrestdale Commercial & Industrial precinct, this rare freehold development parcel offers a significant opportunity for investors or developers eyeing future industrial business ventures. Spanning a substantial 4,465 square metres, the site stands out not only for its generous size but also for its superior exposure and access.

  • Prominent corner placement at Alex Wood Drive and Watt Link Access enhances visibility and accessibility, ideal for business operations requiring easy transport linkages.
  • High-exposure frontage to Randford Road further amplifies the site’s commercial potential, benefiting enterprises seeking brand visibility and customer accessibility.
  • Its zoning as Industrial Business makes it suitable for a broad scope of commercial developments within the industrial sector.
  • The property boasts dual street frontage, supplemented by a third street exposure, creating flexible ingress and egress options and exceptional stand-out presence in the area.
  • Importantly, this is one of the last remaining undeveloped sites within a precinct undergoing rapid expansion, positioning it as a scarce and valuable asset in a competitive market.

This offer as a single lot delivers a streamlined acquisition path for buyers. The land’s size, exceptional corner location, and industrial zoning combine to offer a unique canvas for future commercial or industrial development aligned with the area’s growth trajectory. Its appeal spans developers planning large-scale projects, investors targeting long-term capital appreciation, and established businesses seeking a strategic base in a well-connected, evolving industrial hub.

Local Market Insights

In Forrestdale, Quiet Listings observed 9 new parcels of land entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $3,235,333. The property type mix of listed properties is predominantly Houses at 87%, followed by land (9%), and duplexes (2%). The only agency with for land listings currently monitored in the Forrestdale area is Tilt Commercial. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Forrestdale WA 6112
New Listings (last 30 days)
9
Average price
$3,235,333
Lowest price
$289,000
Highest price
$6,000,000
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