Mining company secures new headquarters

An industrial property located at 1-5 Bell Street, Canning Vale has been sold off-market for $6.8 million.

Savills Industrial's Matthew Hopkins secured the deal for the mining service company and said the purchase was rapid.

“The mining services firm moved decisively to secure the property which had not been available for sale but met their expanding business requirements,” Mr Hopkins said.

The previous owner chose to sell the property after the mining company showed keen interest in purchasing the premises, reflecting an upswing in demand from the mining services sector.

“The recent improving sentiment in the mining service sector is starting to now translate into take-up,” Mr Hopkins said.