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SIGNIFICANT LAND OPPORTUNITY AT AUSTRALIA’S PREMIER MARINE COMPLEX

As published in The West Australian – Wednesday, 20th March 2019

Two adjacent and largely significant land-holdings in Australia’s premier marine complex, are for sale.

 

Favourably located at the intersection of Cockburn and Sparks Roads, the two properties benefit from excellent exposure within Henderson’s revered Australian Marine Complex which is home to over 150 specialist businesses, just 23 kilometres south west of the Perth CBD and just 8 kilometres south of Fremantle City Port.

Moreover, Cockburn and Sparks Roads are two of the main internal thoroughfares that run through the Henderson Industrial Area, which houses the likes of Austral, Matrix, Thyssenkrupp and Chevron. Schenck Process Pty Ltd is the current occupant until 2020.

With excellent demonstrated rental potential (currently yielding just over $700,000 per annum, net), the two sites combined cover a land area of just over 29,000 sqm and are zoned Industrial – Special Use 2 – Marine Engineering*.

The site at 862 Cockburn Road includes two industrial workshop facilities and a stand-alone single-level office which covers a gross building area 344 sqm.

The two workshops, one with a gross building area of 2,279 sqm (with the addition of a 317 sqm canopy) and the other occupying 3,580 sqm, include an amenities area, crane facilities of up to 25 tonnes and truss heights of up to 11 metres.

The second site at 5 Sparks Road comprises two industrial workshops and an excess land component covering 4,624 sqm which is currently used as bitumen hardstand parking.

Both workshops occupy internal areas of around 955 sqm with truss heights of up to 11 metres and crane facilities of up to 10 tonnes; an office and amenities section is attached to workshop 2.

“This substantial property offers excellent short-term rental income with the potential to occupy or develop in the future,” says Axia Corporate Property’s director industrial, Rocco Demaio.

“In today’s industrial market-place, prime assets with substantial landholdings scarcely become available,” Mr Rocco says.

“These properties provide various options and are suited for many groups. The Henderson area is home to an array of occupants servicing the oil and gas, mining and offshore, shipbuilders and engineering firms combined.”

The property is open for sales by offers to purchase, closing at 4pm (AWS) on Thursday 18 April 2019.

For further information contact, Rocco Demaio – Director Industrial Tel: 0411 227 703, Email: roccod@axiacp.com.au

*Approved uses under this zoning include marine engineering, ship building and the manufacture, fabrication and assembly of components for use by the offshore petroleum industry and marine engineering.
All the essential services are understood to be connected to the site including water, drainage, partial
deep sewerage, power and telephone.