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Elders Woolstores Building, Spearwood, WA
Elders Woolstores Building, Spearwood, WA.
Aerial photo showing location of Elders Woolstores Building.

A major industrial holding comprising 100,800 sq.m of warehouses on a 29.37 hectare site, located 18 kms from the Perth CBD and within minutes of the Port of Fremantle. The property is used for the storage of wool bales and is securely leased to Elders Limited, a subsidiary of Futuris Limited.

The property is located close to Fremantle, well connected to major arterial roads and surrounded by new residential and industrial estates. The property therefore represents a valuable land bank for the Group both in its current use and for potential future redevelopment into other uses.

Occupancy 100% as at 30 June 2011
Lease Term 15 years from July 1997
Independent Valuation $58 million as at 30 June 2011

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