Project Summary
The Shire of Murray is calling for Expressions of Interest (EOI) from parties interested in activating 6,000 sqm (or part thereof) of undeveloped land at the FIPWA.
The EOI process is an opportunity for an industry proponent to partner with the Shire to develop a commercial-scale food or beverage processing operation within the Food Innovation Precinct WA (FIPWA) ecosystem.
The successful respondent(s) will have the opportunity to work with the Shire to collectively develop a viable and informed development plan and business plan for the site over the next 6 to 18 months. The vision for the site is to deliver something which complements the operations delivered by our existing partners in the Research and Development, Production and Innovation Centre facilities at FIPWA.
Project Description
This Expression of Interest presents is an opportunity for an investor to partner with the Shire to develop a commercial scale food or beverage processing operation within the FIPWA ecosystem. The EOI process will enable the Shire to narrow down prospective development options for the 6,000 sqm site, and work with proponents to collectively develop a viable and informed development plan for the site over the next 6 to 18 months. This EOI process will enable the Shire to negotiate and plan its options with suitable industry partners to shape and implement a development opportunity at the FIPWA.
The Shire will work with the successful respondent(s) to:
– Undertake detailed site concept planning and master planning
– Validate operational requirements, built form, equipment, physical requirements, and associated services of the development
– Negotiate tenure, leasing options and determine an appropriate approach to
development
– Develop a comprehensive business case for the Shire regarding proposed
developments at this site.
Investment Opportunity Details
The Expression of Interest process is an opportunity for an industry proponent to partner with the Shire to develop a commercial scale food or beverage processing operation within the FIPWA ecosystem
The FIPWA is situated on a 2.5 ha landholding, owned by the Shire of
Murray. The subject-site is 6,000 sqm of undeveloped land, located to the west of the lot, and can accommodate approximately 4,000 sqm of built form.
The site is located within the Peel Business Park, which is zoned for industrial purposes and serviced with Power, Water, Sewerage, Gas and Telecommunications.
The Shire will consider long term leasehold options on the site at a market rate which is currently between $7.00 – $9.00/sqm ground lease or up to $250 / sqm for a general food processing use.
Investor information
Financial information
Investment sought: $10 - $40 million
Document(s) / Video(s):
Project website:
https://www.murray.wa.gov.au/publicnotices/murray-future-food-facility-expression-of-interest/30
Project information
Project highlights:
The Expression of Interest process is an opportunity for an industry proponent to partner with the Shire to develop a commercial scale food or beverage processing operation within the FIPWA ecosystem
The FIPWA is situated on a 2.5 ha landholding, owned by the Shire of
Murray. The subject-site is 6,000 sqm of undeveloped land, located to the west of the lot, and can accommodate approximately 4,000 sqm of built form.
The site is located within the Peel Business Park, which is zoned for industrial purposes and serviced with Power, Water, Sewerage, Gas and Telecommunications.
The Shire will consider long term leasehold options on the site at a market rate which is currently between $7.00 – $9.00/sqm ground lease or up to $250 / sqm for a general food processing use.
Project timeline:
Expected start date:
15 November, 2023
Funding round finish date:
02 February, 2024
More Project details will be updated soon.
Request more information
Please fill in the form below. Mandatory fields are marked with
"*" indicates required fields
