5,550SQM SITE IN NORWEST BUSINESS PARK – DEVELOP OR OCCUPY
FREESTANDING 1,200SQM* CORPORATE OFFICE / WAREHOUSE FACILITY SET ACROSS 5,500SQM OF LAND IN THE HEART OF NORWEST BUSINESS PARK. THE FACILITY IS NORTH FACING AND ENJOYS A FRONTAGE OF 85M TO BROOKHOLLOW AVENUE AND IS SET ACROSS APPROX 5,500SQM OF LAND MEANING THERE IS ROOM FOR FUTURE DEVELOPMENT WITH THE POTENTIAL TO ACHIEVE SITE COVERAGE OF 1:1 (STCA) THUS MAKING IT AN IDEAL DEVELOPMENT SITE IN THE HEART OF NORWEST BUSINESS PARK.
ALTERNATIVELY OWNER OCCUPIERS CONSIDERING THE PURCHASE OF A LARGE STRATA UNIT COULD TAKE ADVANTAGE OF THE EXISTING IMPROVEMENTS. THE OFFICE COMPONENT IS AVAILABLE FULLY FITTED OUT INCLUDING GLASS PARTITIONED OFFICES, LUNCH ROOM, IT ROOM, 2 BOARD ROOMS AS WELL AS A LARGE NORTH FACING BALCONY. THE WAREHOUSE IS EXCEPTIONALLY CLEAN AND HAS A MINIMUM CLEARANCE OF APPROX 3M AND INCLUDES A SMALL LABORATORY. WAREHOUSE IS ACCESSED VIA A SINGLE ROLLER SHUTTER DOOR.
The size of Norwest is approximately 13.7 square kilometres. There are 52 parks, covering nearly 14.7% of the total area. The population of Norwest in 2016 was 37050 people. By 2021 the population was 4688 showing a population decline of 87.4% in the area during that time. The predominant age group in Norwest is 30-39 years. Households in Norwest are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norwest work in a professional occupation.In 2021, 56.40% of the homes in Norwest were owner-occupied compared with 77.50% in 2016.
Norwest has 5,218 properties. Over the last 5 years, Houses in Norwest have seen a -1.13% decrease in median value, while Units have seen a 11.47% increase. As at 31 August 2026:
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