)
Australia Post has joined the likes of Amazon, Coles and Woolworths with plans to set up a high-specification property at Oakdale West Industrial Estate in Sydney’s west - a joint venture development from Goodman Group (ASX: GMG) and Brickworks (ASX: BKW).
With a site spanning almost eight football fields, Australia Post has committed to a 10-year lease at Oakdale West, with construction of its facility due to begin in early next year with completion expected in August.
Once developed, the property will house a parcel processing facility, delivery centre and an extensive conveyor and sortation system that can process up to 450,000 parcels per day.
The news follows Amazon's announcement its 200,000-square-metre fulfilment centre will be operational in early 2022, while other high-profile businesses joining the park include Telstra, Xylem.
Larger than the suburb of Pyrmont, Oakdale West at Kemps Creek is a zoned, masterplanapproved fully-serviced site, and is on the doorstep of the Western Sydney Aerotropolis with easy access to the M7 and M4 motorways.
Goodman has invested $150 million in local infrastructure around Oakdale West and collaborated with TfNSW to provide greater public transport connectivity, and Endeavour Energy to secure a new zone substation to the area.
Goodman Group's CEO Australia Jason Little said the company identified Oakdale as a strategic location many years ago.
"The significant growth in warehousing and logistics over the last 18 months has created demand for high-quality industrial space in this pocket of Western Sydney," Little said.
"There are more than 4.4 million people with a digital spend of around $15.6 billion within an hour’s drive of Oakdale estate and it provides unrivalled access to this market."
The buildings have been designed to suit specific user requirements with sustainable design initiatives incorporated including drought-resistant landscaping, rainwater harvesting, electric vehicle (EV) charging stations and 5 per cent of parking dedicated to electric vehicles, LED lighting and recycling facilities.
All properties at Oakdale West will have solar installed. With 8.25 MW of solar committed to date at Oakdale West, saving the equivalent emissions of taking 5,500 cars off the road.
"More than five years of planning has gone into the surrounding road infrastructure works and we’ve worked closely with TfNSW to secure a regular bus service, which is now operational, servicing the estate from St Marys train station," Little added.
To date, construction and infrastructure works have seen 6,500 people inducted on-site with approximately two million hours worked.
Get our daily business news
Sign up to our free email news updates.
)
)
