Fiveight along with fellow project partners have officially opened the Roe Highway Logistics Park – the largest, best connected, premium industrial estate to be established in the State in more than a decade.
Located at the intersection between Roe Highway and Welshpool Road East, and close to the established industrial suburbs of Kewdale and Welshpool, the new integrated, rail-sided facility is ideally situated just 13km from Perth’s CBD and 5km from Perth Airport.
The logistics park is at the centre of the Perth arterial road network, and covers 56 hectares. The project has been brought to market by a highly-experienced consortium of leading property developers and investors which includes:
John Hartman, Tattarang and Minderoo Foundation Chief Investment Officer said: “We are pleased to be supporting the development of this strategically positioned logistics park. We believe it provides a compelling option for a premium logistics and industrial services business.”
The Roe Highway Logistics Park was officially opened by West Australian Transport Minister Rita Saffioti, further emphasises the strategic importance of this rail facility, as well as the State Government’s objective to increase rail freight volumes and the efficiency of Perth’s rail freight network.
Underlining the value of the precinct is its ability to facilitate ability to access container freight via rail – a feature that as already led to leading logistics players choosing to locate at Roe Highway Logistics Park.
Adding to this, the State Government’s recent increase in the rail freight subsidy from $30 to $50 per twenty-foot equivalent (TEU) which came into effect on 1 January 2019, strengthens the competitive nature of those businesses choosing to locate at the Roe Highway Logistics Park and provides the opportunity for unique operational and supply chain efficiencies to be realised.
The logistics park is at the centre of the Perth arterial road network, offers RAV7 truck accessibility from two major highways and benefits from freight rail access via the Kenwick Freight Rail Facility, which is due for completion in late 2019.
Roe Highway Logistics Park has already attracted significant interest from a range of premium logistics and industrial services businesses accounting for a significant portion of the 56 hectares park including:
BP will develop an integrated fuel station and truck stop and the developers are is in the process of securing further commitments from a range of food and beverage offerings to provide amenity for businesses within the estate.
In addition, the project consortium has developed an integrated conservation strategy which includes extensive tree planting, increasing foraging and roosting habitat for forest red-tailed black cockatoos, best practice storm water management, the onsite treatment and recycling of waste water and several solar energy initiatives.
Linc Property Development Director Judd Dyer said: “The core established industrial precincts tend to be old, tired and problematic for repurposing to suit modern warehousing requirements, with no landscaped open spaces and limited food and beverage offerings.
“Roe Highway Logistics Park provides tenants and owner occupiers who would traditionally have sought to locate in Welshpool or Kewdale with the opportunity to establish themselves on a site configured to their precise requirements in a brand-new industrial estate amongst high quality modern facilities with superior access, freight rail, landscaped public open space and modern amenity.
“We have typically seen absorption of around 10-20ha per annum in our other estates and are very pleased with take-up to date.”
Ben Lisle of Linc Property said: “The majority of the site is being retained for leasing up however we are selling a small portion of land to accommodate owner occupiers. We are in advanced discussions with a number of larger tenants and anticipate that the RAV 7 road access, the freight rail intermodal terminal, modern presentation and ability to tailor facilities or lots to tenants’ exact requirements will drive very rapid take-up of the remaining land.
“This has been a high complex project which required the acquisition and amalgamation of more than 30 parcels of land in parallel with MRS amendment, scheme amendment, structure plan and subdivision processes along with resolution of a range of complex road, servicing and environmental matters.
“We are very appreciative of the collaborative approach adopted by the City of Gosnells and City of Kalamunda. I would also like to acknowledge the support provided by the Minister for Planning, DPLH and Public Transport Authority who worked with us to resolve a range of complicated planning and traffic matters to bring this major new employment site to fruition.”
The logistics park will offer lots from 3,000m2 to more than 10 hectares. It will have landscaped public open space, high quality public art and entry statements, substantial street trees and flexible General Industrial zoning.
With a range of additional large logistics and warehousing tenancies in advanced negotiations, remaining land within the estate is expected to be absorbed.