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1 & 3 Alex Wood Drive, Forrestdale WA 6112

Listed: 3 days ago
Overview

Positioned within the rapidly growing Forrestdale Commercial and Industrial precinct, this freehold land development site offers a compelling opportunity for investors or developers seeking a substantial footprint in an established industrial zone.

  • Expansive land area of 7,947 square metres provides ample space for a variety of industrial or commercial uses.
  • Situated on a prominent corner at Alex Wood Drive and Watt Link Access, ensuring excellent visibility and accessibility.
  • High-exposure frontage along Randford Road further amplifies the site's profile, ideal for businesses seeking maximum exposure.
  • Zoned as Industrial Business, the land presents flexible usage options compliant with local planning.
  • One of the final remaining undeveloped parcels in this sought-after precinct, representing a rare chance to secure prime industrial land.
  • Unique dual street frontage with a total of three street frontages enhances logistical and design possibilities for future development.

Given the scarcity of comparable sites with such attributes, this property is well placed to attract significant interest and command a strong market value. Its strategic location and substantial size make it particularly suited for businesses requiring high visibility and versatile industrial space.

Local Market Insights

In Forrestdale, Quiet Listings observed 9 new parcels of land entering the market over the last 30 days, down from 13 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 88%, followed by land (9%), and units (1%). 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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