279 Bannister Road

UNDER OFFER - High Exposure industrial site of scale with holding income

JLL presents for the first time offered in over 20 years, 279 Bannister Road is a rare opportunity to secure a premier freehold site that provides optionality for prospective owner occupiers, investors and developers.

Canning Vale’s strategic location makes it one of Perth's prominent industrial hubs attributed to its proximity to Peth’s key road links including the arterial networks of Roe Highway and Kwinana Freeway, providing seamless access to the Perth CBD, Perth Airport and Fremantle Port. Canning Vale industrial landscape consists of high quality and well-designed logistics facilities.

Since 2010, the property has operated as a major Bus Depot, leased to the Public Transport Authority WA until April 2025 .

The existing improvements, unprecedented exposure to Roe Hwy and location would suit transport and heavy equipment-based occupiers and developers seeking a high yielding and underutilised site

Key Features include
• Site area 32,517 sqm* (3.25 Ha)
• Building Improvements: 2,667 sqm*
• Site coverage: 10.26%
• Leased to Public Transport Authority of WA
• Occupancy: 100%
• Lease expiry: April 2025
• WALE (As at September 2023): 1.58 years*
• Net passing income: $1,174,898*

279 Bannister Road is being offered for sale by way of ‘Offers to Purchase.’ Interested parties are invited to submit their offers on or before 25 October 2023 4.00pm (WST) or contact the exclusive selling agents.