Government buys Australian Marine Complex lot

DevelopmentWA is paying $51 million for the Henderson asset.

Engineering equipment and service provider AME has sold a major Australian Marine Complex lot to the state government’s DevelopmentWA.

The 4.64 hectare investment, 49-53 Clarence Beach Road, Henderson, is collecting $51 million following an off-market deal.

With 12,740 square metres of improvements and 140 metres of water frontage, it includes a sea bed licence and slipway launch structure.

Echo Yachts is the occupier; the company was recently contracted to build the world’s largest sail-powered catamaran, at 57m.

“The significant scale and direct waterfront access makes this property unique,” CBRE’s Jarrad Gierson, who marketed the property with Derek Barlow, said.

“It stands out as one of the few sites capable of servicing the super yacht and ship manufacturing industry,” he added (story continues below).

“The strong fundamentals, particularly in defence and mining services will drive growth and positively impact the Henderson industrial market,” according to the executive.

The deal comes four years since Matrix Composites and Engineering sold an 8.4ha Henderson site with six buildings – all up with 17,185 sqm – with a leaseback for $20m.

Henderson is about 30 kilometres south of Perth’s CBD.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of