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Overview
This substantial freehold development site offers a generous 7,947 square meters within the rapidly growing Forrestdale Commercial and Industrial precinct. Its prime location on a prominent corner at Alex Wood Drive and Watt Link Access, coupled with high-exposure frontage to Randford Road, ensures excellent visibility and accessibility, essential for business operations seeking premium exposure.
As one of the few remaining undeveloped parcels in the area, the land is zoned Industrial Business, allowing a broad range of commercial and industrial uses. The dual street frontage, extended by an additional third street exposure, enhances development potential and flexibility in site design, catering to various operational needs and facilitating efficient ingress and egress.
This parcel is ideally suited for investors and developers looking to capitalize on a strategic position in a burgeoning industrial corridor. Its scale and location present a rare opportunity to establish or expand commercial premises in a precinct characterized by strong growth and increasing demand.
The site's unrestricted nature as a vacant landholding removes constraints associated with existing structures, allowing for tailored development aligned with market demand. Prospective purchasers will find this offering compelling for its blend of size, location, and zoning, presenting the foundations for a valuable, long-term asset.
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
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