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Major industrial land campaign for WA

Major industrial land campaign for WA

The Western Australian Government’s land and development agency has launched a major incentive campaign aimed at driving new investment in industrial developments across the state.

The offer, launched today, will see LandCorp pay up to $100,000 of stamp duty for lots sold at 19 regional and four metropolitan estates as part of a campaign to encourage businesses to expand or relocate to industrial developments across the state.

The offer applies to the first 10 lots purchased from participating estates and is available until Friday, December 2.

LandCorp estates accommodate some 2700 businesses that directly employ 67,000 Western Australians, while current and future estates will provide a home for a further 2000 businesses employing 42,000 people.

It’s estimated LandCorp’s future estates will contribute $14.4 billion to the WA economy.

“Western Australia has a mineral and petroleum industry valued at $99.5 billion, and $17 billion in new infrastructure planned in and around the Perth CBD. WA remains open for business and the outlook is strong – and demand for light and heavy industrial land is set to grow,” LandCorp chief executive Frank Marra says.

“Now is the right time to invest in WA industrial property and this offer will provide a clear and compelling opportunity for businesses to do just that.”

Marra says LandCorp planned, designed and delivered strategically located economic and employment land developments, both for commercial use and for light and heavy industry.

The campaign highlighted the range of land options across the state, including in regional areas, with a wide range of industrial land available now in a variety of lot sizes.

He adds local, national and international investors are still looking to Western Australia for well-located industrial land, particularly near established or planned transport infrastructure.

“This campaign is an opportunity for LandCorp to assist any state, national or international business to locate or expand in areas across WA – regardless of size or sector,” Marra says.

“LandCorp’s estates support light, general and heavy industrial uses, providing opportunities for sectors including transport, logistics, fabrication, manufacturing, light industry, agriculture and resources.

“Above all, we work with industry to make sure our developments are sustainable, well-connected, well-designed and well-planned, and meet the needs of businesses.”

As part of the campaign, LandCorp will pay the stamp duty (up to $100,000) off the first 10 lots sold at any participating industrial estate across Western Australia. The offer will deliver a boon for small and medium-sized businesses, which would benefit most from stamp duty relief.

“We’re dedicated to driving WA’s economic growth by making the transition to new or expanded industrial premises easier for businesses,” the chief executive says.

“We are showing this support by providing stamp duty relief, through the range of lots we have on offer, and by offering providing experienced industrial specialists to help all types of businesses invest and expand today.”

PARTICIPATING ESTATES:

Metropolitan estates

Crossroads Industrial, Forrestdale

Meridian Park, Neerabup

Rockingham Industry Zone

Flinders Precinct Latitude 32, Hope Valley

Regional estates

Newman Light Industrial Area (LIA)

Broome Road Industrial Area

Hedland Junction, Wedgefield

Gap Ridge Industrial, Karratha

Pinjarra Industrial Estate

Kalbarri LIA

Carnarvon LIA

Collie LIA

Avon Industrial Park, Northam

Anzac Drive Industrial Park, Kalgoorlie

Kununurra LIA

Hyden LIA

Lake Grace LIA

Merredin LIA

Wagin LIA

Williams LIA

Bencubbin LIA

Cunderdin LIA

Greenhead LIA

 

About API

Founded in 1997, API is Australia's highest-selling property magazine.

Original author: API
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