New lots ideal for retail, says chief

An view from the sky of the new lots available at The Quadrangle, the new business district in Joondalup.
An view from the sky of the new lots available at The Quadrangle, the new business district in Joondalup.

It follows the sale of more than 1.6ha of land in the LandCorp estate over the past 12 months.

LandCorp chief executive Frank Marra said the lot size made them ideal for retail-showroom uses.

�And with their location near Masters Home Improvements and Bunnings, they�re ideally positioned to attract passing traffic,� he said.

�More than 70 per cent of the estate has been sold, so I encourage businesses to get in quick before they sell out.�

The four lots, ranging from 1498sq m to 1680sq m, are zoned for office, service industry, retail and showroom uses, and are priced from $945,000.

The estate is bordered by Mitchell Freeway, Eddystone Avenue and Joondalup and Hodges drives.