PowerPlay thunders into Victorian market

94-98 Cochranes Road, Moorabbin

Go-karting and indoor entertainment centre operator PowerPlay has entered the Victorian market after leasing a Moorabbin warehouse in a long-term deal.

Fitzroys’ Brent Glassford and Marco Sandrin negotiated the seven-year lease at 94-98 Cochranes Road on a strong rental rate.

The 2,033sqm high-profile warehouse is now home to PowerPlay’s first interstate expansion venue, comprising a two-level go-kart track offering an eco-friendly experience with electric karts.

PowerPlay offers competitive racing, and hosts birthday parties and corporate groups and functions.

It has locations in Perth’s Bibra Lake and Joondalup.

“The long-term deal shows confidence in the evolving area,” Glassford said.

“PowerPlay was attracted to the venue’s proximity to the Morris Moor complex, which has seen the transformation of the former Phillip Morris factory into the area’s premier hospitality hub.”

Sandrin said entertainment and gaming venues taking up space have been particularly active in the post-COVID leasing market.

“People are seeking lively in-person experiences when they get away from the home or the office. The entertainment and gaming sub-sector has underpinned strong demand for functional warehouse space.”