Industrial Space for lease in Perth

How much does it cost to rent an industrial space in Perth?

The cost of renting industrial space in Perth varies depending on several factors, including the location, size, and specific requirements of the space. Generally, industrial properties closer to the central business district or major transport hubs may command higher rental rates due to their strategic advantages. Additionally, the condition of the property, available amenities, and lease terms can also influence pricing. Businesses are encouraged to assess their specific needs and budget to find a suitable space that aligns with their operational goals. Consulting with a commercial real estate expert can provide valuable insights into the current market trends and help identify the best opportunities available.

To read: Our Perth MarketBeat Industrial report examines quarterly economic and commercial real estate activities, covering supply, demand, and pricing trends across both market and submarket levels.

Are industrial space rents likely to increase in Perth?

Industrial space rents in Perth have shown a trend of gradual increase, driven by factors such as demand for strategically located properties, economic growth, and infrastructure developments. As Perth continues to evolve as a significant industrial hub, the demand for quality industrial spaces is expected to rise. This demand, coupled with limited supply in certain areas, may contribute to upward pressure on rental rates. However, market conditions can fluctuate based on broader economic factors, including global trade dynamics and local economic policies. Businesses considering leasing industrial space in Perth should stay informed about market trends and work with real estate professionals to navigate potential changes in rental rates.

What are the benefits of leasing industrial space in Perth?

Leasing industrial space in Perth offers numerous benefits, making it an attractive choice for businesses. Firstly, Perth's strategic location provides excellent access to both domestic and international markets, particularly with its proximity to Asia. The city's well-developed transport infrastructure, including ports, rail, and road networks, facilitates efficient logistics and distribution. Additionally, Perth boasts a skilled workforce and a supportive business environment, fostering innovation and growth. The city's diverse industrial areas offer a range of options, from modern warehouses to specialised facilities, catering to various industry needs. Furthermore, Perth's high quality of life, with its beautiful natural surroundings and vibrant cultural scene, makes it an appealing place for employees and business owners alike.

Popular suburbs in Perth

Perth boasts several neighborhoods that are particularly attractive for industrial and warehouse operations:

• Welshpool: Known for its strategic location near major transport routes, Welshpool is a hub for logistics and distribution businesses. The area offers a range of industrial properties with easy access to the airport and port facilities.
• Kewdale: Adjacent to Welshpool, Kewdale is another prime industrial area with excellent connectivity. It is home to the Kewdale Freight Terminal, making it ideal for businesses involved in freight and logistics.
• Balcatta: Located north of the city center, Balcatta is a well-established industrial area with a diverse range of businesses. It offers a mix of modern and older industrial properties, catering to various needs.
• Canning Vale: This suburb is one of Perth's largest industrial areas, featuring a mix of warehouses, factories, and distribution centers. Its proximity to major highways makes it a convenient location for businesses.
• Osborne Park: Known for its versatility, Osborne Park hosts a mix of industrial, commercial, and retail properties. Its central location and accessibility make it a popular choice for businesses of all sizes.
• Morley: While primarily a residential area, Morley has pockets of industrial activity. It offers a quieter environment with access to major roads, suitable for smaller industrial operations.
• Fremantle: A historic port city, Fremantle is ideal for businesses requiring proximity to maritime facilities. It combines industrial opportunities with a vibrant cultural scene.
• Rockingham: Located south of Perth, Rockingham offers industrial spaces with access to the coast and major transport routes. It is a growing area with potential for industrial expansion.
• Cottesloe: Known for its beautiful beaches, Cottesloe also has industrial areas catering to niche markets. It provides a unique blend of lifestyle and business opportunities.
• Midland: Positioned to the east of Perth, Midland is a key regional center with a mix of industrial and commercial properties. Its strategic location offers access to both metropolitan and regional markets.

Getting to and from Perth

• Air Travel: Perth Airport is the primary gateway for air travel, offering both domestic and international flights. Located approximately 12 kilometers from the city center, the airport is easily accessible via major highways. It provides a range of services and facilities, including cargo handling, making it a vital hub for businesses involved in import and export activities.
• Rail Travel: Perth's rail network is extensive, connecting the city with regional areas and providing efficient transport for goods and personnel. The Transperth train services offer reliable commuter options, while freight rail services facilitate the movement of industrial goods across Western Australia and beyond.
• Road Travel: Perth boasts a comprehensive road network, with major highways and freeways linking the city to regional and interstate destinations. The Mitchell Freeway and Kwinana Freeway are key routes for north-south travel, while the Great Eastern Highway connects Perth with the eastern states. This extensive road infrastructure supports efficient logistics and distribution for industrial operations.
• Bus Travel: The Transperth bus network complements the rail services, providing extensive coverage across Perth and its suburbs. Buses offer flexible transport options for employees commuting to industrial areas, ensuring accessibility to various parts of the city.