279 Bannister RoadCanning Vale WA 6155
Property Details for 279 Bannister Rd, Canning Vale
Last Listing description (October 2023)
JLL presents for the first time offered in over 20 years, 279 Bannister Road is a rare opportunity to secure a premier freehold site that provides optionality for prospective owner occupiers, investors and developers.
Canning Vale's strategic location makes it one of Perth's prominent industrial hubs attributed to its proximity to Peth's key road links including the arterial networks of Roe Highway and Kwinana Freeway, providing seamless access to the Perth CBD, Perth Airport and Fremantle Port. Canning Vale industrial landscape consists of high quality and well-designed logistics facilities.
Since 2010, the property has operated as a major Bus Depot, leased to the Public Transport Authority WA until April 2025 .
The existing improvements, unprecedented exposure to Roe Hwy and location would suit transport and heavy equipment-based occupiers and developers seeking a high yielding and underutilised site
Key Features include
Site area 32,517 sqm* (3.25 Ha)
Building Improvements: 2,667 sqm*
Site coverage: 10.26%
Leased to Public Transport Authority of WA
Occupancy: 100%
Lease expiry: April 2025
WALE (As at September 2023): 1.58 years*
Net passing income: $1,174,898*
279 Bannister Road is being offered for sale by way of 'Offers to Purchase.' Interested parties are invited to submit their offers on or before 25 October 2023 4.00pm (WST) or contact the exclusive selling agents.
Property History for 279 Bannister Rd, Canning Vale, WA 6155
- 15 Oct 2023Sold for $16,000,000
- 03 Oct 2023Listed for Sale Contact Agent
- 27 Feb 2001Sold for $2,500,000
Recent sales nearby
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0About Canning Vale 6155
The size of Canning Vale is approximately 25.4 square kilometres. There are 71 parks, covering nearly 17.1% of the total area. The population of Canning Vale in 2016 was 33059 people. By 2021 the population was 34504 showing a population growth of 4.4% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation.In 2021, 79.30% of the homes in Canning Vale were owner-occupied compared with 81.00% in 2016.
Canning Vale has 13,506 properties. Over the last 5 years, Houses in Canning Vale have seen a 98.32% increase in median value, while Units have seen a 101.10% increase. As at 31 July 2026:
- The median value for Houses in Canning Vale is $1,210,343 while the median value for Units is $730,505.
- Houses have a median rent of $850 while Units have a median rent of $715.
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