Colliers Industrial & Logistics Capital Markets are pleased to present to the market for sale 12 Cooper Road, Cockburn Central.
Underpinned by numerous value-add strategies and located within one of Perth's tightly held industrial markets, the offering provides the following strategic investment features:
• Prime industrial land holding totalling 24,686m²*, strategically positioned within the Cockburn Central industrial precinct of Perth's South.
• Planned 2-year leaseback to The Comfort Group Australia with no options, providing secure holding income and allowing for value-add strategies to be implemented almost immediately.
• Functional manufacturing and distribution facility providing 9,180m²* of improvements, with the ability to be reposited to appeal to a wide cross-section of occupiers.
• Low site coverage of 32% with surplus/expansion land providing for immediate redevelopment upside.
• Excellent connectivity to major arterial roads and motorways including the North Lake Road, Beeliar Drive and the Kwinana Freeway.
• Strong market fundamentals of record low vacancy levels of 1.7% and continued occupier demand, supporting strong rental growth prospects of 10.6% in Perth South.
All figures are approximate.
12 Cooper Road, Cockburn Central, will be sold via an Expressions of Interest (EOI) campaign closing 1:00 pm (WST) Friday, 23rd August 2024.
To request further due diligence information or to arrange an inspection, contact the exclusive Colliers selling agents.