SOLD
Sold on 12 Nov 2024 for $35,000,000

6 Magnet Road
Canning Vale WA 6155

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 22188m2
Land area: 39379m2
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Property Details for 6 Magnet Rd, Canning Vale

Building Type
Commercial
Year Built
1999
Floor Size
22188m2
Land Size
39379m2
Local Government
Canning
Lot/Plan
656/P036313

Last Listing description (September 2023)

Following the successfully leasing of the adjoining warehouse facility to a national logistics occupier, Cushman & Wakefield Industrial & Logistics WA are pleased to present For Lease Warehouse 1 / 6 Magnet Road, Canning Vale.

Situated on a B-Double network and less than 1km from Roe Highway and represents an outstanding and competitive solution for warehousing and logistics occupiers in a market starved of opportunity.

Fully flexible warehouse and office /showroom facilities are available to occupy, key features include:

- Warehouse configurations of 5,000sqm to 7,000sqm available, up to whole building of 10,773sqm
- Office and showroom areas up to 1,280sqm (can also be subdivided per floor to suit tenant requirements)
- Existing racking in situ and available subject to negotiation
- Pallet locations per GBA: 5,000sqm = 4,800 pallets or GBA: 7,000sqm = 5,800 pallets (approx.)
- High clearance, ESFR serviced facility
- Multiple on grade roller doors under "super canopy" providing efficient loading
- Drive through breezeway at rear for undercover container loading
- Drive through site access for "one way" articulated vehicle movements
- Positioned on a B-Double approved route with fast access to Roe Highway

For further information, a copy of the detailed property brochure or to arrange and inspection please contact the exclusive agents from Cushman and Wakefield.

Property History for 6 Magnet Rd, Canning Vale, WA 6155

A timeline of how this property has performed in the market
Last Sold
$35,000,000
12 Nov 2024
Listed for Rent
$23.00M/w
28 Sep 2023
  • 12 Nov 2024
    Sold for $35,000,000
  • 23 Mar 2023
    Listed for Rent - Price not available
  • 21 Nov 2019
    Listed for Rent $838,000 / year
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About Canning Vale 6155

The size of Canning Vale is approximately 25.4 square kilometres. It has 71 parks covering nearly 17.1% of total area. The population of Canning Vale in 2011 was 30,665 people. By 2016 the population was 33,069 showing a population growth of 7.8% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation. In 2011, 82.8% of the homes in Canning Vale were owner-occupied compared with 81% in 2016.

Canning Vale has 13,494 properties. Over the last 5 years, Houses in Canning Vale have seen a 78.67% increase in median value, while Units have seen a 96.60% increase. As at 30 November 2024:

  • The median value for Houses in Canning Vale is $949,860 while the median value for Units is $611,220.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 66 properties listed for sale, and 16 properties listed for rent in Canning vale on OnTheHouse. According to CoreLogic's data, 473 properties were sold in the past 12 months in Canning vale.

Suburb Insights for Canning Vale 6155

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.