Sterling Property is pleased to announce the successful sale of 176 Maddington Road, Maddington – a 1.1401ha* industrial site featuring 958sqm* of improvements for $4,622,800.
Situated in the heart of Maddington’s thriving industrial precinct, the property attracted significant interest from developers, investors and owner-occupiers, with 62 qualified enquiries generated over the course of the campaign.
The asset was sold following a competitive Offers Invited process, reflecting the continued strength of Perth’s industrial market, particularly in tightly held, land-constrained locations such as Maddington.
Sterling Property Senior Partner Colm McHugh said the campaign highlighted exceptional demand from owner-occupiers seeking quality hardstand options.
“There is a clear and growing appetite for properties that offer extensive hardstand and functional improvements in well-connected industrial precincts,” Mr McHugh said.
“Maddington’s accessibility to Tonkin Highway, combined with flexible zoning and holding income potential, made 176 Maddington Road a compelling proposition for a wide buyer pool.”
The transaction was jointly managed by Sterling Property Senior Partners Colm McHugh and Jack Bradshaw.
To learn more about other opportunities in Perth’s industrial market, please contact Colm McHugh on 0420 312 645 or Jack Bradshaw on 0439 095 336.
