Tuesday 31 August 2010

Wetherill Park. Property sold for $12.75 million

A private Western Australia-based investor has purchased at auction an office and warehouse facility, on a 2.9-hectare site at Wetherill Park, for $12.75 million. The property, formerly owned by Stateland Developments, now in external administration, has 10,908 square metres of lettable space and includes 11 loading docks. The property containing the head office of Thorn Lighting is leased until until October 2017, according to The Australian Financial Review.

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