The 1.08-hectare Osborne Park property changed hands for the first time in 27 years, selling to a Bunning family connected entity and construction industry veteran for $6.65m.
Industrial and logistics properties continue to top investors' wish lists, as vacancy within Perth's industrial property drops by almost a third within 12 months.
Property veteran and former ABN Group co-owner Garry Brown-Neaves has seized the opportunity to broaden his portfolio, launching new industrial and commercial estate Precinct 95 late last month.
Property developer Garry Brown-Neaves has today formally unveiled a new 18 hectare commercial and industrial precinct within the existing Forrestdale Business Park, bordered by Ranford Road and Alex Wood Drive.
National dairy products supplier Lion is divesting some of its land holdings in Bentley, including a 2.9-hectare site, following its recent consolidation of the Masters Dairy depot as parts of its three-year growth plan.
More than 800 Western Australian real estate agents have signed up to join followit, an app designed to bring a social media-style interface to property advertising.
Edison Property has appointed Alan Mijacika director, commercial and industrial. Mr Mijacika was formerly a commercial executive for Preston Realestate Group.
Sales at the Swan Brewery Industrial Estate have surpassed $70 million, with 55 lots at the Linc Property-developed estate sold since August last year.
One of Perth's premier charities is selling properties in Osborne Park and Belmont to fund a new development in Canning Vale, to cope with what it says is an alarming increase in demand for its services.
Former US Navy intelligence adviser, real estate specialist and corporate executive, Craig Abbott has been appointed as Raine & Horne Commercial's new general manager for Western Australia.
International industrial fittings group Dixon Valve & Coupling Company is moving its Perth premises, leasing a new office and warehouse facility in Canning Vale.
Buyer demand for industrial land in the northern suburbs is ramping up, with Raine & Horne Commercial recording more than $4 million in land sales in the past seven days, with negotiations for