LANDMARK MIXED USE DEVELOPMENT OPPORTUNITY
MLV as exclusive selling agents are pleased to present 504 Great Eastern Highway, Ascot for sale. This outstanding, high profile development opportunity presents an opportunity for developers to secure a landmark corner site with multiple street frontages. Situated in a prime position on Great Eastern Hwy, the property benefits from significant exposure to passing traffic.
Improvements on site comprise a functional warehouse development with extensive yard.
The property is currently leased, with the current lease term expiring 31 May 2028.
Key features include:
• Land area of 8,088sqm (approx) with street frontages to Great Eastern Hwy, Ivy St and Hay Rd, on the doorstep of the Swan River
• 1702sqm (approx) warehouse development with extensive yard, providing short to medium term holding income
• Mixed Use zoning, situated within Precinct 4 of the Great Eastern Highway Urban Corridor
For a copy of the IM or to discuss this opportunity in more detail, please call Matthew Crofts on 0409 572 773 or David Lamb on 0411 597 952.
