Written by
22/08/2023
On public exhibition with the State’s planning department is Hale Capital’s multi-level warehouse and distribution centre at 45 – 57 Moxon Road in Punchbowl.
With a significant capital investment value in excess of $82 million, Hale Capital identified an incredibly rare opportunity to consolidate almost 35,000 square metres of industrial sites to provide an innovative warehouse and distribution centre on a high-quality design that is sympathetic to the local context.
The distribution centre will comprise over 29,000 square metres of gross floor area, including 12 x warehouse tenancies and ancillary office space. Warehouse tenancies 1 – 6 will be located on the ground floor, while tenancies 7 – 12 will be located on level 1.
L-shaped 35,000 square metre amalgamated industrial site
The site forms part of a larger area within the Punchbowl industrial area along Fairford Road with direct access to Bankstown centre. It has been used for industrial activities for over 40 years. In 1969, a factory was constructed on the site involving extensive land clearing and structural development. By 1991, the site was completed developed with car parks, large industrial buildings and footpaths.
Hale’s redevelopment promotes the efficient use of an industrial site with strong capability for redevelopment. Employment opportunities will be generated on a designated site in an industrial precinct that is strategically located between Port Botany, Sydney Airport, Western Sydney and the regional road network.
This development is another example of the unrivalled demand for warehousing and distribution centres. With the supply of industrial land continuing to shrink as a result of industrial rezonings to mixed-use, multi-level warehousing will continue to gain pace in metropolitan Sydney and stack for developers.
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