5 Corbusier Place,
Balcatta, WA 6021
Development Sites & Land • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 5 Corbusier Place
A Balcatta Icon – Leased Asset on Substantial Land Holding
- 28 onsite parking bays
- Generational asset with rental upside
- Leased to long standing single tenant
Burgess Rawson are pleased to present to the market for sale, 5 Corbusier Place, Balcatta. This generational industrial asset has been occupied by Seamers Sports for decades operating as an indoor cricket centre. The property comprises of approx. 1,545sqm of gross building area residing on 3,133sqm of industry zoned land. The property has 28 onsite parking bays and would suit a variety of purchasers including investors, landbank holders and future developers or occupiers.
The property represents a rare opportunity to acquire a substantial parcel of land in the otherwise tightly held Balcatta industrial precinct with income, a functional building and ample onsite parking.
Features
• Leased to long standing single tenant trading as Seamer Sports
• Substantial 3,133sqm parcel of industrial land
• Gross building area of approx. 1,545sqm
• 28 onsite parking bays
• Operated as an indoor cricket centre for many decades
• Net income of $164,000 pa as of 1st January 2025
• 7 year lease expiring on the 28th February 2028
• Annual CPI increases with market reviews at the terms
• Options until 2042
• Zoned ‘Industry’ under the City of Stirling Local Planning Scheme No. 3.
• Generational asset with rental upside
• Outstanding access to key arterial thoroughfares including the Mitchell Freeway
Location
The property is ideally located within highly sought Balcatta and is just;
- 240 metres* from Balcatta road
- 600 metres* from Erindale Road
- 950 metres* from Reid Highway
- 1.5km* from Wanneroo Road
- 1.9km* to Mitchell Freeway
- 12.1km* to Perth CBD
Zoning
The property is zoned ‘Industry’ according to the City of Stirling Local Planning Scheme No. 3.
Improvements
The improvements comprise approximately 1,545sqm of gross building area. The building is constructed of brick and iron and has several roller doors. There are two main warehouse areas that are internally connected.
Legal Description
The property is described as Lot 53 on Diagram 44868 Volume 1359 Folio 377.
Sales Process
The property will be sold as a Going Concern with offers closing at 2pm (AWST) on the 4th December 2024.
The Seller reserves the right to sell the property prior to the close of the campaign.
For further information please contact the exclusive selling agents Luke Randazzo on 0417 181 3... & Ben Flanagan on 0405 929 1....
The property represents a rare opportunity to acquire a substantial parcel of land in the otherwise tightly held Balcatta industrial precinct with income, a functional building and ample onsite parking.
Features
• Leased to long standing single tenant trading as Seamer Sports
• Substantial 3,133sqm parcel of industrial land
• Gross building area of approx. 1,545sqm
• 28 onsite parking bays
• Operated as an indoor cricket centre for many decades
• Net income of $164,000 pa as of 1st January 2025
• 7 year lease expiring on the 28th February 2028
• Annual CPI increases with market reviews at the terms
• Options until 2042
• Zoned ‘Industry’ under the City of Stirling Local Planning Scheme No. 3.
• Generational asset with rental upside
• Outstanding access to key arterial thoroughfares including the Mitchell Freeway
Location
The property is ideally located within highly sought Balcatta and is just;
- 240 metres* from Balcatta road
- 600 metres* from Erindale Road
- 950 metres* from Reid Highway
- 1.5km* from Wanneroo Road
- 1.9km* to Mitchell Freeway
- 12.1km* to Perth CBD
Zoning
The property is zoned ‘Industry’ according to the City of Stirling Local Planning Scheme No. 3.
Improvements
The improvements comprise approximately 1,545sqm of gross building area. The building is constructed of brick and iron and has several roller doors. There are two main warehouse areas that are internally connected.
Legal Description
The property is described as Lot 53 on Diagram 44868 Volume 1359 Folio 377.
Sales Process
The property will be sold as a Going Concern with offers closing at 2pm (AWST) on the 4th December 2024.
The Seller reserves the right to sell the property prior to the close of the campaign.
For further information please contact the exclusive selling agents Luke Randazzo on 0417 181 3... & Ben Flanagan on 0405 929 1....
Balcatta, 6021 demographic data
The median household income for Balcatta is $1,537, 18% lower than Greater Perth's household income of $1,865. Balcatta has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 50% of property owners in Balcatta have a mortgage.
10,813
Population
$1,537 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Burgess Rawson - Perth
Level 10, 225 St Georges TerracePERTH, WA 6000
5 Corbusier Place
Balcatta, WA 6021
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
More properties from Burgess Rawson - Perth
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
42 Osborne Place,Stirling, WA 6021 562 m²Development Sites & Land • Medical & Consulting
Contact Agent
11 Wanneroo Road,Joondanna, WA 6060 540 m²Shops & Retail • Medical & Consulting • Development Sites & Land