Frasers Property Industrial, a leading industrial property developer, has announced the launch of two new industrial estates in Australia, Edge and Westcourse.
The new estates have been launched in response to strong market conditions and increasing customer demand for high-quality industrial assets in coveted locations.
“These important industrial estates, located in strategic regions of greater Sydney and Melbourne, will unlock critical new facilities for customers whose needs remain at the forefront of our strategy,” Ian Barter, Managing Director Australia, at Frasers Property Industrial said.
“Edge and Westcourse will support Australia’s supply chain while also expanding our presence in key growth areas.”
The Edge estate is located at Kemps Creek in Western Sydney and covers an area of 73.3 hectares. It is Frasers Property’s second master-planned Premium Estate in the Mamre Road industrial precinct, adjacent to The YARDS1.
Edge will offer modern facilities for businesses to support their operations, along with amenities such as an on-site cafe, green spaces, exercise equipment, BBQ areas, a running and cycling track, and native landscaping.
The estate is set to attract interest from existing and prospective customers and features B-Double access, 24/7 operation and Industrial 1 zoning.
“We also expect Edge to receive excellent demand, flowing through from our nearby Premium Estate The YARDS,” Barter says.
“Our record development pipeline and continued 100% occupancy rate clearly demonstrate the strong industrial sector demand we are still seeing.”
Westcourse, the second industrial estate, is located at Cobblebank in Melbourne’s outer west and covers an area of 23.4 hectares.
The estate is located in the City of Melton, which is one of Australia’s fastest-growing municipalities, and will deliver approximately 100,000 square metres of facilities. The estate will feature the same industry-leading facility design, with built-to-suit opportunities available to prospective customers.
Both Edge and Westcourse will target minimum 5 Star Green Star ratings, with sustainability features including rooftop solar systems, rainwater capture and re-use, energy metering and monitoring, and LED smart lighting.
“Australia’s logistics market is underpinned by solid demand fundamentals, and we are pleased to be able to leverage our expertise across estate development and management of these new estates,” Barter says.