High demand and tight supply in well located areas is again playing out with the launch of Republic.

Transforming the iconic former Bickford, Smith & Co explosives factory, into a new industrial and commercial destination has seen unprecedented enquiry. A VIP campaign a week ago has resulted in over a third sold before launching to the public. 

Selling agents Alliance Advisory say “The demand for these distinctive and character-filled warehouses stems from the exceptional location and the appeal of the quality design within the historic building.”

“Reimagining Republic as a destination where the next generation can work, collaborate, and socialise is desperately needed in the area. Republic is a visionary project that offers 35 warehouse spaces ranging from 100m² to 320m², alongside commercial office spaces and two takeaway establishments, all thoughtfully designed to embrace the building's historical charm,” adds Tasos Christodoulou, Senior Development Manager at Incore.

Developer Incore has paid attention to every detail, ensuring that the warehouses are spacious, stylish and highly functional. Each unit includes a warm shell mezzanine office, car parks on title, 3-phase power , and optional upgrades like polished concrete floors and fully equipped kitchens, catering to the diverse needs of businesses. Moreover, Republic provides end-of-trip facilities for all residents, making it an ideal location for those who prefer to walk, cycle, drive, or even commute by train or scooter. The inclusive facilities encompass secure bike storage, car parking and shower amenities, promoting a healthy work-life balance.

"In retaining the original fabric of this heritage building, Republic presents buyers with a unique opportunity to own a piece of history and connect with Spotswood's rich past, all the while being part of its exciting future," explains Joe Bartolo, Managing Director of Incore. "Our commitment is to surpass the expectations of our buyers, tenants, and the local community," he adds.

Selling agent Wayne Elly, acknowledges the appeal of Republic. "We anticipated high demand for these warehouses due to their prime location and the enquiry and sales have supported this," says Elly. "It’s limited supply and the remaining units won’t last long given the current market and the class of this development.”

Spotswood continues to perform as a prime destination for businesses seeking commercial and industrial spaces. Its popularity is in its proximity to the city centre, major arterials, and public transportation, coupled with its burgeoning reputation of innovation, creativity, and entrepreneurial spirit. By establishing Republic in this thriving locale, Incore has the vision to meet the growing demand from businesses eager to be part of a dynamic community.