26/11/2021 - 15:06

More industrial land to meet demand

26/11/2021 - 15:06

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The state’s land authority has released a swathe of industrial sites across three regional areas, including Karratha, as it attempts to keep up with growing demand.

More industrial land to meet demand
The 90-hectare Pinjarra Industrial Estate.

The state’s land authority has released a swathe of industrial sites across three regional areas, including Karratha, as it attempts to keep up with growing demand.

In a statement released this afternoon, DevelopmentWA confirmed eight lots at Gap Ridge, ranging from 6,700 square kilometres to 2.9 hectares, were now available for purchase, with titles due later next year.

Gap Ridge is one of the largest industrial estates in regional Western Australia, supporting major projects including Chevron's Gorgon and Wheatstone LNG projects and Woodside's Pluto LNG operations.

The estate is also occupied by contractor Monadelphous, Centurion, Swire Oilfield Services and Coates Hire.

About 10 hectares of land was also released at Port Hedland’s Hedland Junction estate, ranging from 1.5 hectares to 2.4 hectares, for use by businesses supporting the mining, construction and transport sectors.

Meanwhile, strong demand at the 90-hectare Pinjarra Industrial Estate has brought forward the pre-sale release of ten new fully-serviced lots, with sites ranging from 2,230 square metres up to 8,672 square metres.

Lands Minister Tony Buti said the state government had heavily invested in industrial land across WA to ensure its rapid development, with a particular focus on regional areas and businesses supporting the mining sector.

He said the challenges posed by COVID-19 pandemic had highlighted the importance of industrial land and activities to the state’s economic recovery and ongoing growth.

There has been a record uptake of industrial assests this year, driven primarily by the resources sector and the growth in e-commerce.

A recent report by real estate agency JLL report found space in Perth’s industrial estates was being taken up at its fastest rate since 2013.

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