Eight warehouses in Perth's Cockburn Central sell for $3.7 million

Eight warehouses in Perth's Cockburn Central sell for $3.7 million
Staff ReporterDecember 7, 2020

Industrial units in a new strata complex at Cockburn Central in Perth’s southern corridor have sold for $3.7 million.

Eight units in the recently completed 11 unit complex at 1 Merino Entrance, Cockburn Central, were sold to owner-occupiers by Ray White Commercial WA’s Russ Parham and Enrique Reyes on behalf of Consolidated Developments (WA) Pty Ltd.

Parham said all the units sold for their asking price.

The land area is about 6,164 sqm with onsite parking for 45 cars.

“This has been a good example of our office working well with a developer from the land purchase stage, to achieve a project with a high number of pre-sales prior to completion," he said.

Three units in the complex remain for sale.

“We have a 147 sqm unit for $348,000, another the same size for $349,000 and an approved 104 sqm lunch bar for $395,000,” he said.

Editor's Picks

First look exclusive: Abedian family reveal Broadbeach apartment plans
DCF Property break ground at First Light in South Melbourne, with Ironside appointed construction partner
The top seven new North Shore apartments expected to launch in 2025
First look: KTQ sell Garfield Terrace site for $56 million as demand soars for Gold Coast beachfront sites
First look exclusive: Abedian family propose second stage of Greenmount Beach Hotel redevelopment