Contaminated sites offer ‘opportunity’
Expressions of interest are being sought for two substantial land assets on the contaminated sites register in Wattleup.
The opportunities are being marketed and sold by Ray White Commercial under instructions of the liquidator, Avior Consulting.
Ray White’s Enrique Reyes said the assets would appeal specifically to buyers who have experience with sites that are contaminated and understand the remediation requirements.
“Contaminated sites will put some people off, but for astute investors and builders, they’ll realise this is an opportunity with tremendous upside,” he said.
“We understand that contaminated sites are more difficult, but the combination of a liquidator sale and the state of the land, provides a rare opportunity for affordable development.
“What we’re talking about here, is pure potential for the future and the large development sites being in the Latitude 32 Industrial Precinct, is a real bonus.” Expressions of interest close on April 10.