11/05/2004 - 22:00

Benchmarking by design

11/05/2004 - 22:00

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MODERN building design, landscaped gardens, and a State Swim centre are not features usually associated with an industrial business area, but Canning Vale Business Park has them all.

Benchmarking by design

MODERN building design, landscaped gardens, and a State Swim centre are not features usually associated with an industrial business area, but Canning Vale Business Park has them all.

The 15-hectare site comprises 27 lots varying in size from 2,000 to 7,713 square metres. The environment’s aesthetics are tightly controlled and design guidelines regulate the building character and height, materials and colours, setbacks, signage, storage, service areas and landscaping of premises in the park.

Intended to create a desirable commercial environment with high standards of finish, the precinct’s original land offerings are sold out, with the park increasingly seen as a benchmark for similar developments in the future.

The City of Canning and LandCorp worked closely together to create guidelines for the park, located at the entrance of the Canning Vale Industrial Estate.

The residential community’s needs have been integrated into the business park by initiatives such as a newly opened State Swim centre.

City of Canning Mayor, Dr Michael Lekias, said LandCorp’s aim of establishing a highly desirable commercial environment had been successful.  

“The business park, and indeed the entire industrial estate, is arguably the most aesthetically pleasing industrial area in Western Australia, if not Australia,” he said.

“LandCorp has created a business park considered to be a benchmark for similar developments in terms of its high standard of building design, landscaping and lot configuration.”

Knight Frank director of industrial and commercial land, Martin Reeson, said the land in Canning Vale Business Park was highly sought after, with the buildings at the forefront of design. 

He said 53 per cent of sales in the park were to owner/occupiers, and that 44 per cent of purchasers already owned land in Canning Vale. 

Properties in the area achieve an average yield of 8 per cent, according to Mr Reeson.

MLV Real Estate agent David Lamb said demand for land in the area was increasing every day, particularly since the recent extension of Roe Highway.

He said LandCorp’s planning processes had allowed for smaller users to feed off larger industry in the area.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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