Tenants Seek Prime Location in Perth's Northern Corridor

22 March 2023 - A rare opportunity to lease a corporate-grade industrial facility in Perth's highly sought-after northern corridor is now available in the WA market, as tenants scamper to secure well located, quality headquarters. 

As the only existing industrial facility of scale for lease in Perth’s northern corridor, 400 Victoria Road, Malaga, offers exceptional supply chain benefits, allowing end-users to deliver to the high-density residential catchment areas surrounding the property. Additionally, the property's strategic location provides close proximity to major road networks, the Perth CBD, and Perth Airport, providing high connectivity to all parts of the Perth metropolitan area.  

The property boasts a total floor area of 4,250 sqm, including a high clearance, sprinklered warehousing facility and corporate offices. Currently undergoing refurbishment and modernisation program, the property will provide a rare, quality opportunity in a starved market. 

According to Nick Goodridge, Cushman & Wakefield’s National Director & Head of Industrial & Logistics - WA, who has been appointed exclusively to lease the asset; "This is the first time 400 Victoria Road, Malaga has been offered to the market for roughly 15 years and is the only existing facility of scale for lease in Perth's northern industrial market, creating an opportunity for high-quality corporate tenants to service the demands of their businesses and strategically position their supply chain networks in the centre of the northern corridor”. 

Mr. Goodridge added, “The property has a rich history of long-standing blue-chip occupiers, and with the industrial vacancy rate at a record low of sub 1%, we expect strong interest from the market with pent-up occupier demand, particularly from logistics and manufacturing sectors”.