Swan Valley Fresh Markets Pty Ltd, the iconic fresh markets on the corner of Morrison Road and Keane Street, have completed their due diligence and have advised the City that their Offer is now unconditional.
When complete, the proposed development will include a basement and nine floors, consisting of
· 640 car bays
· 7,920m2 of retail space
· 2,630m2 of office space
· 2,214m2 medical centre
· 130 apartments
Mr Opferkuch, one of the two owners, said he believed in the overall vision for New Junction.
“It’s an incredibly underutilised area of land,” he said.
“I think Midland needs a new image – something to say, ‘we’re more than this’. It needs something brand new and optimistic.
“I think the WA economy is in a very, very strong position, so if we can get energy into this project now, it’s perfect timing.”
Work on titling the new lot has commenced, with settlement anticipated mid 2024.
