83 Hammond Road, Cockburn Central comprises 8,991 sqm of temperature-controlled warehouse and office accommodation on a substantial 27,714 sqm freehold site and will be offered with vacant possession.
The purpose-built facility has a low site coverage of approximately 32 per cent, providing scope for future expansion or redevelopment, while its corner position provides dual street access and approximately 380 metres of combined exposure to Cooper Road and Hammond Road.
For sale through Nick Goodridge, Tony Iuliano and Adrian Rowse of Cushman & Wakefield, the property includes temperature-controlled warehousing capable of chilling between 2°C and 14°C, heavy-rated concrete hardstand, an ESFR sprinkler system, three rear finger docks and eight loading docks, together with office and staff amenities.
Nick Goodridge, Cushman & Wakefield’s National Director and Head of Logistics & Industrial – WA, said the combination of a fully operational, high value replacement cold store facility and substantial underlying landholding presented a highly compelling opportunity for a broad range of owner-occupiers, investors and strategic buyers.
“We expect interest from owner-occupiers across the food, cold chain, pharmaceutical and logistics sectors, particularly businesses looking to secure their operational footprint rather than remain exposed to a very tight leasing market.
“We also expect the property to attract investors and value-add capital who recognise the opportunity to refurbish and reposition the facility and lease it into a market where competing cold storage supply is extremely limited.”
Tony Iuliano, Cushman & Wakefield’s International Director and Head of Logistics & Industrial – ANZ, said the specialised nature of the asset, coupled with the cost and complexity of developing new cold storage facilities, would be a major driver of demand.
“Cold storage is one of the most supply-constrained segments of the industrial market. These are highly specialised facilities that are expensive and difficult to replicate, and we continue to see strong demand from occupiers requiring temperature-controlled space.
“83 Hammond Road already has much of that critical infrastructure in place, but importantly it also sits on 2.77 hectares with only 32 per cent site coverage. That gives a buyer the ability to occupy or reposition the existing facility while retaining genuine longer-term expansion and redevelopment optionality.
“Cockburn Central provides excellent access to Perth’s key freight routes and southern population catchments, while its proximity to the Canning Vale Markets makes it particularly well positioned for food and cold chain users,” he said.
The listing comes as Perth’s southern industrial market continues to record strong occupier and owner-occupier demand. Industrial land values across the South submarket have increased approximately 85 per cent between 2020 and 2026, including around 30 per cent over the past 12 months.
The property is approximately 24 kilometres south of the Perth CBD and benefits from access to the Kwinana Freeway, Roe Highway and Tonkin Highway, as well as connectivity to Fremantle Port and the Perth Freight Terminal.
83 Hammond Road, Cockburn Central is being offered for sale through Cushman & Wakefield via an Expressions of Interest campaign closing Wednesday, 21 October at 1pm (AWST).
