Cleanaway secure 10-year lease at Monaro Industrial Park

Cleanaway, a subsidiary of waste management company Transpacific Industries Group, has secured a 10-year lease with Walker Corporation for a purpose built recyclable waste transfer station in Canberra's Monaro Industrial Park.

The facility valued at $5.5 million will include a 4,200 square metre warehouse and 225 square metres office, purpose built by Richard Crookes Constructions. It is expected to be completed next month.

Cleanaway joins the likes of Allied Pickfords, Grace Records Management and Toll Ipec to the estate.

Monaro Industrial Park is one of Canberra’s first master plan industrial estates and is located 13 kilometres south of Canberra's CBD.

The 30-hectare estate is located in the industrial hub of Hume, and is said to provide a flexible and cost effective alternative to Canberra's older areas of Fyshwick and Mitchell.

Cleanaway plans to use the site for its operation of a waste transport depot, which will service Canberra and the greater Australian Capital Territory when they relocate to Monaro from their current location at Alderson Place.

In addition to the Cleanaway facility, seven 120 square metre architecturally designed strata units with mezzanine offices are being built at the Monaro Industrial Park. The stand-alone industrial zoned units will be offered for sale or lease in the fourth quarter of 2013.