398 Bushmead Road,
Hazelmere, WA 6055
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
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Map of 398 Bushmead Road
Train stations within 5 km of 398 Bushmead Road, Hazelmere, WA 6055 Distance Midland Station 2.3 km Museum Railway Station 2.4 km Woodbridge Station 2.6 km East Guildford Station 3 km Guildford Station 4.1 km POWERED BY HERE ©Bus stops within 5 km of 398 Bushmead Road, Hazelmere, WA 6055 Distance Midland Rd Before Helena Valley Rd 921 m Midland Rd After Helena Valley Rd 950 m Helena Valley Rd Before Roe Hwy 1.1 km Helena Valley Rd After Roe Hwy 1.2 km Helena Valley Rd Rifle Range 1.4 km POWERED BY HERE ©
POWERED BY HERE ©
9.2ha Landholding Over Two Adjoining Allotments
- 10 Year Lease
- 9.2ha Site
- Yielding Land Bank
CBRE is pleased to offer 398 Bushmead Road & 286 Stirling Crescent, Hazelmere for sale.
The property is being utilised as Swan Materials concrete and asphalt manufacturing plant, transport workshop and materials laboratory and comprise a variety of buildings across both allotments and extensive hardstand areas. The property has a low site coverage of 16%.
Located on the south-western corner of Bushmead Road and Stirling Crescent, the property is approximately 17 kms east of the Perth CBD, in the infill precinct of Hazelmere. The site offers excellent connectivity to the major arterial road networks including Roe Highway and Great Eastern Highway Bypass.
Key Features:
+ 9.2ha landholding over two adjoining allotments in the heart of Perth's eastern industrial corridor
+ Triple net passing income: $2,288,675 pa ($25/sqm) with fixed annual increases of 3.25%^
+ Leased to Swan Materials for 10 years from 1 October 2025
+ Strong covenant, part of ASX listed construction materials company (ASX:ABC)
+ Yielding land bank with investment considered at land value
+ Total GLA: approximately 14,725 sqm and substantial hardstand areas
+ Utilised as Swan Materials concrete and asphalt manufacturing plant, transport workshop and materials laboratory
+ Multiple entry and exit points along Stirling Crescent
+ Zoned General Industrial in a growing industrial precinct
+ Immediate access to major arterials including the Roe Highway and Great Eastern Highway Bypass and will benefit from Westport project infrastructure upgrades
^Market review in Year 5 with a collar and 7% cap, Market review at option with a collar and no cap
All figures approximate
The property is being utilised as Swan Materials concrete and asphalt manufacturing plant, transport workshop and materials laboratory and comprise a variety of buildings across both allotments and extensive hardstand areas. The property has a low site coverage of 16%.
Located on the south-western corner of Bushmead Road and Stirling Crescent, the property is approximately 17 kms east of the Perth CBD, in the infill precinct of Hazelmere. The site offers excellent connectivity to the major arterial road networks including Roe Highway and Great Eastern Highway Bypass.
Key Features:
+ 9.2ha landholding over two adjoining allotments in the heart of Perth's eastern industrial corridor
+ Triple net passing income: $2,288,675 pa ($25/sqm) with fixed annual increases of 3.25%^
+ Leased to Swan Materials for 10 years from 1 October 2025
+ Strong covenant, part of ASX listed construction materials company (ASX:ABC)
+ Yielding land bank with investment considered at land value
+ Total GLA: approximately 14,725 sqm and substantial hardstand areas
+ Utilised as Swan Materials concrete and asphalt manufacturing plant, transport workshop and materials laboratory
+ Multiple entry and exit points along Stirling Crescent
+ Zoned General Industrial in a growing industrial precinct
+ Immediate access to major arterials including the Roe Highway and Great Eastern Highway Bypass and will benefit from Westport project infrastructure upgrades
^Market review in Year 5 with a collar and 7% cap, Market review at option with a collar and no cap
All figures approximate
Hazelmere, 6055 demographic data
The median household income for Hazelmere is $1,208, 35% lower than Greater Perth's household income of $1,865. Hazelmere has an older age profile compared to the rest of Greater Perth (median age 49 vs 37). Property ownership data shows 36% of property owners in Hazelmere have a mortgage.
935
Population
$1,208 per week
Median household income
49 years
Median age
Owners
Most residents
Families
Most households
398 Bushmead Road
Hazelmere, WA 6055
CBRE - Perth Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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