27/10/2021 - 14:20

Hesperia launches Rockingham industrial estate

27/10/2021 - 14:20

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Adrian Fini-led developer Hesperia has launched an industrial estate in Rockingham, attracting strong interest through pre-sales.

Hesperia launches Rockingham industrial estate
Rockingham's new industrial estate.

Adrian Fini-led developer Hesperia has launched an industrial estate in Rockingham, attracting strong interest through pre-sales.

The 13.5-hectare block on Day Road sits near Woodside Petroleum's proposed $1 billion hydrogen plant and new waste-to-energy projects Avertas Energy and East Rockingham Waste to Energy.

Hesperia development manager David Paz said 40 per cent of available lots sold off-market before the launch.

“With a sharp focus on Western Australia building its capacity to expand local manufacturing and providing more local jobs, Rockingham Industrial Estate provides what the market is looking for; large lots and unbeatable transport access in the core of a regional economic hub,” he said.

“Outside of this new offering from Hesperia, there isn’t a local supply of zoned general industrial land ready for more traditional heavy industrial land uses.

“The demand has been immense and extends from what we’ve seen at our recently completed Abernethy Road and Tonkin Highway industrial estates.”

Mr Paz said there should be strong interest in the site, given nearby projects and a new container port at Kwinana due by 2032.

Tenants include Rockingham manufacturer MSC Fabrication, which has worked in the area for more than 12 years.

Raine & Horne helped negotiate the sale.

Remaining available lots range in size from 2,400 to 60,000 square metres.

Hesperia formed in 2020 from the merger of Fini Group and Linc Property.

The property group finalised its acquisition of the land this week.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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