A consortium of leading property developers and investors, including Fini Group, Minderoo Group and Linc Property, has today launched a major new industrial estate in Perth, the Roe Highway Logistics Park (RHLP).
Located on the corner of Roe Highway and Welshpool Road East, adjacent to the established industrial suburbs of Kewdale and Welshpool, the new logistics park is within 13 kilometres of the Perth CBD and five kilometres of Perth Airport.
RHLP is being developed by a consortium which includes industrial land developer Linc Property, warehouse specialist Gibb Group, Adrian Fini’s private investment company Fini Group, and Andrew Forrest’s Minderoo Group.
Opened by Transport Minister Rita Saffioti, the logistics park is at the centre of the Perth arterial road network, and cover 56 hectares.
It offers trucks accessibility from two major highways, and will have freight rail access via the Kenwick Freight Rail Facility, which is due for completion in 2020.
The ability to access container freight via rail has already attracted significant interest from a range of premium logistics and industrial services businesses.
These include national freight and logistics group Northline, WA freight forwarding business K-Trans WA, fuel and convenience store provider BP, international supplier Brady Corporation, international oil and gas business Expro Group, and mining and transport supplier FUWA K-Hitch.
With a range of additional large logistics and warehousing tenancies in advanced negotiations, remaining land within the estate is expected to be absorbed over the next 12 months.
BP will develop an integrated fuel station and truck stop onsite, and the developers are in the process of securing further commitments from a range of food and beverage offerings.
The logistics park a range of lot sizes, and will have landscaped public open space, public art, street trees and flexible General Industrial zoning.
The project consortium has also developed a conservation strategy that 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 that core established industrial precincts tended to be old, tired and problematic for repurposing to suit modern warehousing requirements, with no landscaped open spaces, and limited food and beverage offerings.
“RHLP 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,” he said.
“We have typically seen absorption of around 10 to 20 hectares per annum in our other estates and are very pleased with take-up to date.”
Linc Property director and co-founder Ben Lisle said the majority of the site was being retained for leasing, however a small portion of land would be sold 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,” Mr Lisle said.
“This has been a highly 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.”
Minderoo Group chief investment officer John Hartman said the company was pleased to be supporting the development of the strategically positioned park.
“We believe it provides a compelling option for a premium logistics and industrial services business,” he said.