Pilbara industrial lots up for grabs
Commercial property investors looking for a profitable purchase may be interested in the release of ...
Commercial property investors looking for a profitable purchase may be interested in the release of industrial lots in Western Australia's growing Pilbara region.
Announcing a new release of land at Hedland Junction yesterday (September 27), state lands minister Brendon Grylls said the industrial properties would meet growing demand for real estate in the area.
"The level of activity at Hedland Junction is a clear indication this estate is proving to be very popular in a market which requires quality industrial lots to support the region's economic growth," Mr Grylls explained.
"Hedland Junction provides a vital role in allowing businesses to support $143 billion of current and future Pilbara projects."
The region's thriving resource sector is increasing demand on local services as more people move to the area for mining work - creating more opportunities for business enterprises in the area.
A number of companies have already recognised the increased business prospects in the Pilbara, buying up properties in the estate.
"With 27 companies so far having purchased at Hedland Junction, this 280 hectare estate is fast becoming a popular location for businesses seeking to expand or establish themselves in the region." Mr Grylls added.