Anketell commercial hub hits major milestones with development approval and key site sale

The Burtonwood-Saracen Project in Anketell, an emerging south metro commercial hub, has achieved two significant milestones, signalling a strong future for the mixed-use development.

Stage 1 of the project has been completed with the recent opening of United Petroleum and McDonald’s Anketell, while the 2,904 sqm United Petroleum corner site has hit the market for sale, complete with a new 15-year lease.

The site, located at 793 Thomas Road, Anketell, is available through an expressions of interest campaign, with United Petroleum’s commencing net rent set at $335,000 per annum.

Chris Weaver, Managing Partner at Burtonwood Investment Partners, commented, “With a $6 million road upgrade, the precinct is well-connected to major arterial networks, and as a result, we have already experienced a spike in activity with major commercial and retail infrastructure mooted for land surrounding the Burtonwood-Saracen Town Centre development.”

Stage 2 of the development, a neighbourhood shopping centre featuring a supermarket and approximately 1,600 sqm of additional retail and commercial space, recently achieved unanimous approval by the Joint Development Assessment Panel (JDAP).

At the JDAP meeting, Deputy Presiding member Gabriela Poezyn cited the City of Kwinana’s conclusion, indicating support for the Burtonwood-Saracen neighbourhood centre, stating, “(it is) like creating the perfect recipe for a bustling neighbourhood, with just the right amount of convenience, a dash of specialty, and a pinch of professional services.”

Sterling Property Managing Partner Vincent Siciliano, appointed alongside East Coast-based agency Stonebridge to manage the sale of the United Petroleum site, said, “This location is key for the future of the surrounding area – the future urban land and approved future shopping centre will see the service station providing essential service to increased patrons.”

Sterling Property’s Vincent Siciliano and Jake Wallman will handle the sale process locally, with Stonebridge’s Brett O’Neill and Michael Collins providing interstate exposure from their east coast base.

Interested parties are encouraged to view the property and surrounding region ahead of the expressions of interest closing date on 30 May, 2024.