Kewdale sale opens door

THE recent sale of industrial property in Kewdale has opened the doors to future development opportunities, according to Stanton Hillier Parker’s manager of commercial and industrial sales Andrew McKerracher.

The sale involves the Pacific Dunlop Cables Group’s premises at 503 Abernethy Road, Kewdale, which sold for $2.7 million on a 10 year lease back with a net rental of $250,000 per annum. The property has a land area of 1.8186 hectares and an office/warehouse facility of 4,622 square metres.

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