SOLD
RECENT ADVICE
Sold on 01 Oct 2024 for $7,500,000

16 Reihill Road
Maddington WA 6109

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3938m2
Land area: 9662m2
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Property Details for 16 Reihill Rd, Maddington

Building Type
Commercial
Floor Size
3938m2
Land Size
9662m2
Local Government
Gosnells
Lot/Plan
541/P040777

Last Listing description (October 2024)

Set upon 9,662 sqm of land sits Roll On Logistics, operating out of an enormous 3,160 sqm of multiple warehouses. As a full package; land, business and assets, this can all be yours today at 16 Rehill Road! Located in the bustling industrial area in Maddington, this purchase makes an ideal income producing property deal with room for expansion.

With roughly 3,938 sqm of warehouse already situated on the property, there is also further room for expansion that has already been previously approved. This would allow for just over 1,500 sqm of additional warehousing. In its current state, the property offers a large amount of warehousing along with ample hardstand to suit the needs of any operation. The current business operating from the site is included in the sale, offering a rare chance for seamless acquisition and continued revenue generated from day one.

With unlimited potential, this industrial powerhouse won't last long. Whether you are looking to scale existing operations or take advantage of a well-established system, the flexibility of this property suits the desires of all investors.

INFORMATION MEMORANDUM AVAILABLE FOR FURTHER DETAILS

To arrange an inspection or for further information, please call Rob McGavin 0418 444 747 or Jacob McGavin 0499 111 435

Property History for 16 Reihill Rd, Maddington, WA 6109

A timeline of how this property has performed in the market
Last Sold
$7,500,000
01 Oct 2024
Listed for Rent
$4.60k/w
27 Jun 2009
  • 01 Oct 2024
    Sold for $7,500,000
  • 24 Sep 2024
    Listed for Sale $7,500,000 As A Going Concern
  • 14 Feb 2009
    Listed for Rent - Price not available

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About Maddington 6109

The size of Maddington is approximately 10.8 square kilometres. It has 29 parks covering nearly 8.9% of total area. The population of Maddington in 2011 was 9,986 people. By 2016 the population was 11,359 showing a population growth of 13.7% in the area during that time. The predominant age group in Maddington is 30-39 years. Households in Maddington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maddington work in a trades occupation. In 2011, 70% of the homes in Maddington were owner-occupied compared with 68% in 2016.

Maddington has 6,634 properties. Over the last 5 years, Houses in Maddington have seen a 129.73% increase in median value, while Units have seen a 99.65% increase. As at 31 October 2024:

  • The median value for Houses in Maddington is $647,486 while the median value for Units is $447,380.
  • Houses have a median rent of $600 while Units have a median rent of $530.
There are currently 66 properties listed for sale, and 7 properties listed for rent in Maddington on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Maddington.

Suburb Insights for Maddington 6109

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Contact agent
Rob Mcgavin
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Jacob Mcgavin
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Chalk Property
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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.