Perth, 1 April 2014 - The Kwinana Industrial Area is one of Western Australia’s most important strategic heavy industrial precincts and demand is strengthening, according to CBRE’s Geoff Fraser, Director, Industrial and logistic Services .
He said, given its proximately to Cockburn Sound and just north of Rockingham Industry Zone, the site allows excellent access to land in the State’s premier heavy industrial zone.
The area has attracted businesses with a strong chemical and resource base. This processing industry reflects direct annual sales of in excess of $4 billion, of which $1.6 billion is export sales.
The Kwinana Industrial Area is well developed with a deep-water bulk materials port, operated by Fremantle Ports, and has access to rail and road transport links.
CBRE is currently marketing for sale or lease a prime industrial property known as 1 Butcher Street, Kwinana which offers a total land area of 26,247sqm, with 9,000sqm of improvements, including substantial office buildings and multi user factories/warehouses with overhead gantry cranes. The site is fully bitumised with secured fencing on all street frontages.
Located within the Kwinana industrial estate, the property benefits from four street frontages on three titles.
The property is currently occupied by Downer EDI Engineering for a short period of time.
The Kwinana Beach industrial estate is conveniently located close to major highways and port facilities, and is within 35 kilometres south of the Perth CBD.
Geoff Fraser is selling the property on behalf of G & M Construction Pty Ltd and said that there are currently limited opportunities to buy large workshops in this location.
“He said, given limited options available to purchase or lease larger properties in the Kwinana area, we expect the property will register strong interest to those that desire substantial buildings in this growth corridor.”
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.