Briswest, QLD
Newhill Drive, Swanbank, Ipswich, QLD, 4306
Large, 85.1 hectare industrial land subdivision in Swanbank, Ipswich, west of Brisbane’s CBD.
Key Item
Value
Property Type
Land Size
Industrial
85.1ha (developable)

In May 2023, Metrics was presented with an opportunity to acquire and develop the off market, distressed asset from a major American investment bank alongside a local private developer.

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The site benefits from excellent road infrastructure with direct access to four major highways. This provides access to Ipswich and Queensland's significant agriculture, energy and mining industries to the north and west as well as the CBD and ports to the east.

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It is also close to the established industrial precinct's in the south-east and the Gold Coast. The project can support a wide range of industrial uses, including but not limited to data centres, transport, logistics, distribution, manufacturing, general warehousing and business operations.

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The project includes the delivery of six precincts, over three stages. Purchasers can buy fully benched and serviced, flood free lots with approval for 24/7 operations.

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The project appeals to a wide range of potential purchasers with lots ranging from 2,800sqm to 26 hectares, appealing to both private and institutional purchasers.

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A Heads of Agreement has been executed for all of Precinct 1 and 2 equating to ~54% (of development area) of the overall project.

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Stage 1 will be complete by Q1 2026 with the final stage forecasted for completion by Q3 2027.

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