In conjunction with the groups builder Mecon Construction, Hero Properties have recently completed a $5m refurbishment and asset repositioning program at their Stott Road portfolio in Welshpool. In keeping with the groups mandate to always meet and address their client’s needs, Hero redeveloped three existing industrial facilities for now long term tenants Minprovise, AMR and ProRubber. The transformation of the existing facilities now offers Hero Properties’ valued clients high quality office, workshop and hardstand accommodation in one of Perth’s core eastern industrial sub markets. This short video shows the transformation and finished redevelopment at 7 & 13 Stott Road in Welshpool.
Hero Properties has declared last year’s “significant” capital works program was the key to a successful JLL leasing campaign in four of its industrial properties. Hero executive director Julie Drago said the Perth-based private industrial and development group took the view that it needed to stand out from the competition to “ensure we were targeting and attracting high-quality tenants to our facilities”. “Repositioning our assets and offering occupiers A-grade accommodation allowed us to successfully target and transact with blue-chip covenants during a period which was significantly challenging,” Mrs Drago said. JLL WA’s Industrial executives Nick Goodridge and Brett Mathanda brokered