Frasers Property Industrial unveils two new estates spanning 96.8 hectares as strong demand continues in Sydney and Melbourne

Frasers Property Industrial has launched two new industrial estates in Australia: Edge, a Premium Estate spanning 74.4 hectares at Kemps Creek in Western Sydney, and Westcourse, a 23.4-hectare estate at Cobblebank in Melbourne’s outer west.

Both developments come in light of strong market conditions and customer demand for high quality industrial assets in tightly held, sought-after locations.

Edge is the company’s second master-planned Premium Estate in the Mamre Road industrial precinct in Kemps Creek, located near 77 hectare estate The YARDS, bringing Frasers Property’s total footprint to more than 150 hectares.

Edge is comprised of two sections: North and South. Edge South has been designed to comprise 15 modern facilities totalling approximately 505,025 square metres across 63 hectares, while current plans for adjacent parcel Edge North will deliver an additional eight facilities across 10 hectares.

The Premium Estate will provide modern facilities for businesses to support their operations, as well as the health and wellbeing of occupants. Edge will feature an on-site cafe, abundant green space with outdoor exercise equipment and 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 has General Industrial zoning.

Westcourse in western Melbourne will feature the same industry-leading facility design, with built to suit opportunities available to prospective customers. Located in the City of Melton – one of Australia’s fastest growing municipalities – and with convenient access to the Western Freeway, the new estate will deliver approximately 100,000 square metres of facilities.

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.

Ian Barter, Managing Director Australia, at Frasers Property Industrial said β€œThese 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. Edge and Westcourse will support Australia’s supply chain, while also expanding our presence in key growth areas. We also expect Edge to receive excellent demand, flowing through from our nearby Premium Estate The YARDS.

β€œOur strong development pipeline and continued 100% occupancy rate clearly demonstrate the strong industrial sector demand we are still seeing. 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.”

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