16/04/2002 - 22:00

Kewdale sale

16/04/2002 - 22:00

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THE sale by public tender of Abernethy Park in Kewdale brings a major industrial complex to the market.The development near the intersection of Kewdale and Abernethy Road is currently returning an annual rental income of more than $800,000.

Kewdale sale
THE sale by public tender of Abernethy Park in Kewdale brings a major industrial complex to the market.

The development near the intersection of Kewdale and Abernethy Road is currently returning an annual rental income of more than $800,000.

Selling agent FPDSavills managing director Jeff Braddock said he would expect strong interest for the property.

“Presently Abernethy Park houses such quality tenants as Ingram Corporation, Emery Airfreight Corporation and Activ Foundation, companies whose stability further enhance the investments security.

A shortage of industrial investment properties has seen yields tighten over the past five years, Mr Braddock said.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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