Axia Corporate Property is pleased to offer, 27-31 Challenge Boulevard, Wangara, for Sale by Offers to Purchase closing 4pm (AWST), Thursday, 22nd May 2025.
Strategically located in proximity to major industrial thoroughfares, with immediate egress onto both Mitchell Freeway and Tonkin Highway. This substantial landholding presents a rare offering for both the most discerning owner occupier and investor, seeking to secure a rare, land rich investment with flexible, future development opportunities.
INVESTMENT HIGHLIGHTS:
> Sizeable landholding of 13,905sqm* featuring extensive frontages to:
– Challenge Boulevard: 134.53m*
– Triumph Avenue: 49.76m*
> Passing Net Income of $414,000 p.a. net + GST
> Vacant possession potential from 2027
> Expansive hardstand laydown area
> Proximity to major arterial road networks
> Two separate office/warehouse improvements
> Full drive-through accessibility
> Well established and highly regarded industrial precinct
PROPERTY DETAILS
The asset encompasses 1.3905ha* of prime industrial land, stretching across two titles. Both lots are slightly irregular shaped, enjoying extensive frontage to Challenge Boulevard. 31 Challenge Boulevard reaps the benefits of an additional exclusive frontage to Triumph Avenue.
Both an office/warehouse and a detached office/showroom are improved to the property which have been well managed and present extremely well.
Office/Warehouse:
Office: 441sqm*
Warehouse: 367sqm*
The office has been extended through the existing warehouse, providing 15 private offices/shared open plan office space, with a reception on entry and a boardroom.
The warehouse comprises of clearspan construction and a truss height of circa 6.5m.
Showroom/Office:
Showroom: 106sqm*
Office: 80sqm*
The showroom comprises tiled flooring with high ceilings and glazed entrances, including 5 private offices with amenities.
Other Areas:
The balance of the property is comprised of quality bitumen/gravel hardstand laydown area.
ZONING
The site is zoned “General Industry” under the City of Wanneroo District Planning Scheme No. 2.
Proponents must make their own enquiries as to permitted uses and zoning confirmation.
For more information, please contact Wayne Mitsikas and Fintan Kinsella.
*Approx.
