The final three lots at Alder Developments’ Aspire Industrial Park are on the market, representing one of the last opportunities to secure land zoned for high impact manufacturing, business, and operations in southern South East Queensland. Sales have exceeded $18 million at the rare 11-hectare site, attracting a mix of local and interstate buyers.
NSW based precast concrete supplier, XL Precast has secured 8,159sqm – the second largest lot in the estate – for $2,489,000. XL Precast CEO and Founding Director Danys Bentancur says the company is ready to kick start construction of two new 2,000sqm warehouses as soon as possible.
“We have the Development Application approved and we are willing, ready and able to move forward with construction.” he said.
“With our head office being located in Sydney we are currently facing logistical issues with the borders being closed, but we are hopeful that there will be some clarity in the coming weeks and we can push forward. We have experienced solid growth in the QLD market in recent years and we are confident the state will recover quickly. The buoyancy of the building and construction industry is a key driver in QLD’s economy and we are determined to keep pushing forward.”
XL Precast will occupy one of the new warehouses, with the second to be available for rent. The space will accommodate approximately 2,000sqm of warehousing and manufacturing with provisions for overhead cranes, ample storage, and truck access at the heart of the new manufacturing hub.
Mr Bentancur says Aspire’s strategic location provides excellent access to the highway, improving the company’s ability to service South East QLD and beyond. “We have a servicing radius of approximately 500km of Yatala and efficient access is priority,” he said.
“We operate on a national footprint servicing QLD, WA, ACT and NSW. We often service our Sydney operations from our existing QLD warehouse at Crestmead, and vice versa and Aspire is perfectly positioned to facilitate this.”
Aspire is located is the heart of the Yatala Enterprise Area (YEA) less than one kilometre off the Pacific Motorway. Alder Developments General Manager Greg Tupicoff says Aspire has attracted a mix of manufacturing and batching plants, Gold Coast investors, and a boat manufacturer.
“It is the only estate to be released in the YEA in the past decade with high impact zoning and has been met with strong demand from a mix of industries that require heavy transport and use of machinery at all hours of the day, seven days a week,” he said.
“It’s well suited for manufacturing, warehousing, transport and logistics, construction services, food processing, brewery or beverage manufacturing, and distribution centres.”
The final three lots range from 4,111sqm to 8,985sqm and are selling from $1.15 million. A full turnkey option is available for interested buyers. Comprising a total of 15 subdivided lots ranging in size from 4,010sqm to 8,985sqm, Aspire has been designed with flat lots that are flood-proof and able to accommodate any type or size of industrial business. Alder Developments has worked in conjunction with its construction partner Alder Constructions for more than 12-months to successfully deliver the project.
For more information visit http://www.aspireyatala.com.au
Published Gold Coast Bulletin 11 April 2020