Ripe for development, 14-18 View Road is a substantial commercial holding right in the heart of Henderson’s thriving industrial hub.
The asset includes a total of six separate freehold titles, which are available as a parcel for sale by negotiation.
Barfoot & Thompson Commercial broker, Meir Alfassi, who is marketing the property, says the standout features include a generous land area of approximately 4,242sq m and a selection of warehouses and stand-alone structures covering a building area of 1,390sq m.
“The property is currently fully-leased with the six tenancies in 14, 16 (Units A, B, C, D) and 18 View Road drawing in a passing rental income of around $260,935 per annum," he says.
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"This is perfect for the investor who has plans in mind, as they can enjoy the cash flow while exploring add-value angles to optimise return.”
The property is currently utilised for existing industrial purposes and benefits from its favourable ‘Business – Metropolitan Centre’ zoning, which allows for a wide range of activities including commercial, leisure, high density residential, tourist, cultural, community and civic services.
“The potential here is considerable,” he says, “with this part of Henderson having demonstrated excellent value over time. It is a sought-after spot with significant commercial, retail and residential development in the area.
"This location in particular is especially hard to beat in terms of local amenities, convenience and accessibility.”
Close to the town centre, and just minutes from Great North Road, Lincoln Road and the Concourse, the property is positioned for easy access to main arterial routes, including the Northwestern motorway.
Recent upgrades to State Highway 16 and the Waterview Tunnel have further boosted the location’s popularity, by opening up new routes and significantly reducing travel times.
The city centre is less than 25 minutes away in off-peak, and State Highway One and the Airport are easily accessed via the tunnel.
- Supplied by Barfoot & Thompson
