Australia, Industrial Property, News

WA releases land to boost warehousing and logistics growth

The release of land, through DevelopmentWA, will generate an estimated $61 million in annual economic output. Image: Adobe Stock/Mr Twister

In a major boost to industrial land supply, the Western Australian Government has released 11 new industrial lots, as part of the highly anticipated Stage 2B of Meridian Park Industrial Estate.

The release, through DevelopmentWA, will bolster industrial land in Perth’s north-west corridor and is set to bolster economic development and create new employment opportunities.

With lots ranging from 2,817m² to 7,233m², this release will provide land for a wide range of industries including warehousing, logistics, mining services, engineering, and general construction.

“Just last week we unveiled the Australian Automation and Robotics Precinct in Meridian Park – Australia’s largest test and development site supporting the advancement of automation, robotics, remote operations and zero emissions technologies globally,” says John Carey, WA Lands Minister.

“This is an exciting milestone for Perth’s northern corridor, providing much-needed industrial land that will drive growth and investment.

“By ensuring a steady pipeline of available land, we are creating opportunities for businesses to expand and innovate while creating new local jobs.”

Interested parties are encouraged to submit their offers by 10 December. A further seven lots will be released, subject to demand.

Once fully developed, Stage 2B will support commercial activity, creating more than 160 new local ongoing full-time jobs and generating an estimated $61 million in annual economic output.

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