Land in BrisWest, the biggest industrial development to hit the market in Brisbane’s western corridor in around two decades, is being snapped up as the city’s industrial land shortage persists.

45% of the 24-hectare Stage 1 of the BrisWest staged development has already sold in just four weeks of the development launch, with 11 of the 24 blocks on offer under contract, amounting to sales totalling nearly $24 million.

The 130-hectare BrisWest estate, situated on the Cunningham Highway and Redbank Plains Road intersection in Ipswich, around 38 kilometres from the Brisbane CBD and 10 kilometres from the Ipswich Town Centre, is being undertaken by developers Civic Corporation and Vitale Property Group.

Stage 1 is being marketed for sale by Knight Frank agents Mark Clifford and Lachlan Hateley. The entire development has an end value of more than $320 million and is capable of housing a total of more than 400,000sq m of warehouse space. 

The flood-free fully zoned stage 1 industrial lots in BrisWest are available for sale ranging in size from 2,800sq m up to six hectares, providing flexible building and warehouse options from 1,000sq m to 25,000sq m.

Mr Clifford said there had been very strong interest in the land on offer in BrisWest, with a huge shortage of industrial land across Brisbane creating pent-up demand.

“We have had a fantastic start to the marketing campaign for land in BrisWest, with stage 1 now close to being 50 per cent sold,” he said.

“Brisbane’s industrial market is currently land-starved, which is driving demand, but the added attraction of this development is that it offers high-quality industrial land in a sought-after location.

“The lots are flood free, fully serviced, having flexible zoning, an enviro-development 6 leaf certification and with 24/7 operations available.

“The majority of interest to date has come from local development groups and owner occupiers, and has been stronger for the smaller blocks ranging up to 5,000sq m.”

Civic Corporation’s David Pearson said BrisWest was the largest industrial development to hit the market in Brisbane’s western corridor in around two decades, and when fully developed would generate over 8,000 direct jobs for the local area.

“Following the success of Stage 1, we are preparing Stage 2, which will hit the market in the second quarter of next year,” he said.

“Stage 2 consists of a further 60 hectares of land, and will offer lots ranging in size from 4,500sq m up to 23 hectare super lots.

“Brisbane’s western corridor is the epicentre of South East Queensland’s industrial market, which is also the region’s fastest growing, with a rapidly expanding population that is projected to grow fivefold over the next decade and eightfold over the next 20 years, making it a hub for a skilled and competitively priced labour force.

“The strategic location of BrisWest on the Cunningham Highway provides occupiers with direct access to all major national transport corridors.

“It is also surrounded by numerous large-scale residential and commercial projects, including the Ipswich CBD redevelopment, the Ripley Valley master-planned precinct, the Amberley RAAF base expansion, and the extension of the passenger rail line from Springfield to Ripley Valley.”

Vitale Property Group’s Chris Vitale said the land in BrisWest was suitable for many uses, and was designed to accommodate Australia’s most innovative brands.

“The estate provides a highly suitable location for transport, logistics, distribution, manufacturing and other warehousing operations and including data centre facilities with ample power connection,” he said.

“With a large range in land size offerings, there is a wide range of choice for industrial end users.

“BrisWest offers a unique opportunity to secure a significant land site with exceptional features, perfectly positioned for continued growth in a thriving corridor.”

Brisbane's southwest is already home to major retailer distribution centres, transport, logistics, manufacturing and other large corporate warehousing companies.

In Stage 1 of BrisWest the larger blocks offering land options from 1 ha up to 6 ha will be ready by February 2025, while precinct 4 in Stage 1, which is mainly small lots of 2,800sq m up to 1.5 hectares, will be ready by December 2025.  

The second stage of the development, offering blocks up to 23 hectares, will be delivered within a timeframe of 18 months to 2 years.

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