Eight warehouses in Perth's Cockburn Central sell for $3.7 million

Industrial units in a new strata complex at Cockburn Central in Perth’s southern corridor have sold for $3.7 million.

Eight units in the recently completed 11 unit complex at 1 Merino Entrance, Cockburn Central, were sold to owner-occupiers by Ray White Commercial WA’s Russ Parham and Enrique Reyes on behalf of Consolidated Developments (WA) Pty Ltd.

Parham said all the units sold for their asking price.

The land area is about 6,164 sqm with onsite parking for 45 cars.

“This has been a good example of our office working well with a developer from the land purchase stage, to achieve a project with a high number of pre-sales prior to completion," he said.

Three units in the complex remain for sale.

“We have a 147 sqm unit for $348,000, another the same size for $349,000 and an approved 104 sqm lunch bar for $395,000,” he said.