WESTRAIL’S former Forrestfield marshalling yards are to be redeveloped as a sixty-three hectare industrial estate to meet long term needs for industrial land in Perth.
WESTRAIL’S former Forrestfield marshalling yards are to be redeveloped as a sixty-three hectare industrial estate to meet long term needs for industrial land in Perth.
Lands minister Doug Shave said WA Government land development agency LandCorp paid $17.3 million for the site for use by warehouse distribution and freight-related industries.
“Redevelopment of Forrestfield continues the Government’s program of making sure the demand for high quality industrial land in the Perth metropolitan area is met,” Mr Shave said.
Work on the new Forrestfield industrial estate is expected to start later this year with the first land release expected before the end of the year.
Lots will range from 4,000 square metres to 3.5 hectares.
“The subdivision will be planned so as to set a new benchmark for future industrial development in WA and will build on the high quality outcomes already evident at Canning Vale and Enterprise Park in Wangara,” Mr Shave said.
“We are meeting current industrial needs with the land at Canning Vale but we’re also very aware of big picture, long-term needs for industrial land,” Mr Shave said.
LandCorp CEO Ross Holt said Forrest-field offered an ideal opportunity for the transport industry to invest in land with excellent transport links.
“Current roadworks extending Abernethy Road will give links between the Roe and Great Eastern highways and there are plans to link the site to Perth International Airport,” Mr Holt said.
“These linkages will make the development very attractive and there has already been substantial interest in the land from a wide variety of prospective purchasers.”
Subscribe today for award-winning, unbiased and trusted journalism