National business purchases Maddington warehouse for $3 million

A national business has snapped up an industrial warehouse in Maddington, in the City of Gosnells for $3 million (plus GST).
 
The Davison Street property comprises a total of 7,640 square metres, with 2,761 square metres of building area.

The block is offered easy access to Tonkin, Roe and Albany Highways.

The property was listed by Ray White Commercial (WA) Sales and Leasing Agent Josh Sumner.
  
Mr Sumner said Maddington was traditionally a transport hub but it was hard to find an asset available of this stature.
 
“The property also appealed because it was a secure green title lot that’s set in the heart of the Maddington industrial precinct.

Other features included warehouse, office and amenities, canopy, five-ton gantry crane, 12 loading docks and security cameras.

The asset also came with 15 roller doors, dual cross overs, container laydown area, ample power, three-phase power and transmitter aerials for communication.

It previously sold in 1988 for $475,000.