Strong Sign of Things to Come
Empire’s first foray strong sign of things to come
THE first warehouse in stage four of the $1 billion Empire Industrial Estate has been constructed following a $3.5 million outlay from a group of machinery hire and transport companies.
Ace Rental, Ace Haulage Company and AU Access Hire have doubled their premises after moving from Ormeau to the Yatala estate. The companies have purchased a 4400sq m block and built a 1000 sq m workshop with 300sq m of adjoining office space to accommodate their growing businesses.
The group has grown to encompass a combined fleet of 360 machines, four tilt-tray trucks and two low loaders.
Construction of the ware house marks another milestone for the estate, being rolled out on a I27ha site, with frontage to Peachey Rd Family-owned company the Stephens Group is developing the estate on land formerly home to Darlington Park International Raceway.
Mick Sheldon, who heads up Ace Rental and Ace Haulage Company, while Paul Cannan runs All Access Hire, said they chose the estate to ensure their companies keep pace with demand “Empire Industrial Estate provides exactly what we need for efficient operation, including wide streets for heavy vehicle access and NBN connectivity to allow fast submission of tenders,”‘ Mr Sheldon said.
The Stephens Group managing director Tony Stephens said 25 blocks in stage four have sold in recent months for a total of $18 million. “Stage four of the estate will soon boast a number of new warehouses for a diverse range of companies in the logistics, manufacturing, material handling and distribution industries,”Mr Stephens said.
“The majority of these companies a.re Gold Coast based and upgrading premises in line with their growth. The remaining nine stage four lots, which are build ready and finished to level one compaction, are priced from $250sq m to $325sq m.
ALISTER THOMSON – BUSINESS PROPERTY GOLD COAST BULLETIN – FRIDAY, JUNE 02, 2017