Hesperia launches Gauge Precinct
February 22, 2022
Hesperia continues to grow its presence in the industrial property sector with the acquisition of over 7.4 hectares within the Canning Vale industrial area. With Western Australia continuing to experience strong market conditions, this latest acquisition, spread over two landholdings, is a valuable addition to Hesperia’s portfolio.
Approximately 15 kilometres south of the Perth CBD on Gauge Circuit and Uppsala Place, the existing property features over 16,000 sqm of warehouses and office space, plus the opportunity for future expansion.
The well located site offer direct RAV4 accessibility from Roe and Tonkin Highways and are conveniently situated only 16 minutes from Perth Airport and half an hour from Fremantle Port.
Hesperia was previously involved in the Canning Vale industrial area, through the development of the Swan Brewery Industrial Estate, and are excited to re-establish a presence in the area. The potential future development and repurposing of existing buildings, creates exciting opportunities for manufacturing, transport, distribution, and logistics businesses to establish a presence in a prime industrial location.
Hesperia Development Manager, David Paz said he looks forward to seeing these new holdings evolve and expand over time, viewing Canning Vale as a prime industrial area with significant future growth potential.
“Western Australia continues to experience strong demand for industrial properties, and availability of high-quality facilities in prime locations is becoming increasingly hard to come by,” said David.
“With customisable warehouse solutions, the sites have already been met positively by the market. We expect the upcoming new buildings to be highly-sought after.”
Hesperia encourages interested parties who may be interested in understanding the future potential of the site to contact Jack Divitini at Raine & Horne Commercial on 0424 900 265 or Matt Hopkins at Savills on 0410 724 972 for more information.