New cutting-edge automated high bay facility for Eastern Creek – a first for Frasers Property Australia
21 March 2019
Frasers Property Australia (Frasers Property) has sold a
significant land and build package with an end value of circa $80
million including
automation to retail company Jaycar Electronics Group
(Jaycar).
The 3.5 hectare land parcel is located on Eastern Creek Drive in Frasers
Property’s
Eastern Creek Business Park. Frasers Property will construct
a 21,595 sqm state-of-the-art automated warehouse and distribution
centre on the site, comprising 19,928 sqm facility (including an 8,000
sqm high bay pallet store), 1,000 sqm office and 567 sqm assembly and
trade pick-up area.
Ian Barter, General Manager Commercial & Industrial
Northern Region for Frasers Property Australia, comments, “Jaycar’s new
cutting-edge facility will be our first automated high bay project,
incorporating the very latest robotics
technology. This warehouse further demonstrates our ongoing
commitment to innovation and leadership within the property industry. It
will be an industry game changer that will help shape future industrial
facilities.
“Over the past two years, we have discussed automated high bay warehouse
options with several customers. There is increased awareness, interest
in and commitment to developing these projects due to the cost of land
in
Western Sydney and the business efficiencies they create. Based on
several recently committed similar projects in Greater Western
Sydney, we expect demand to grow for these types of warehouses.”
Graeme Faulkner, Chief Operating Officer for Jaycar
Electronics Group said, “After an exhaustive search for suitable
development partners, we chose Frasers Property as preferred developers.
They demonstrated a clear understanding of the project’s complexities as
well as being able to provide a site at Eastern Creek that offered
excellent access to both the M4 and M7 motorways. This location combined
with a state-of-the-art logistics fit-out from partner Swisslog will be
a game changer in terms of our cost to distribute to shops and
customers.
“This strategic investment positions the group to leverage growth in
online retail by enabling the lowest possible cost to fulfil customer
requests in an increasingly competitive space. The functional design is
an Australian first which incorporates both a 20,000 pallet capacity
multi-deep automated pallet store as well as a fully automated 24,000
tote and carton goods to person picking system.
The facility also has the capacity to accommodate phase two’s expansion
plans.”
Project Strategy Pty Ltd and DCL Solutions Pty Ltd are handling the
design brief and project management for the transition from Jaycar’s
existing Rydalmere premises to their new facility at Eastern Creek.
Features of the warehouse include an ESFR sprinkler system, in-rack
sprinklers in the pallet and tote stores; the pallet store has a 29
tonne post load floor slab, 33 metre wide super awning, battery charging
area and dangerous goods store. The high bay pallet store has a 25.5
metre roof height with the balance of the warehouse roof height at 13.7
metres. The project will be built to achieve a 5 Star Green Star
certified rating from the Green Building Council of Australia.
Sharabastee Mallik, Director, Research & Consultancy,
Savills Australia comments, “Sales in Eastern Creek reflect more
institutional investors acquiring land, allowing them to take advantage
of future growth. In 2017, we saw close to 90,000 square metres of land
acquisitions in Eastern Creek, with a further 315,000 square metres of
land being acquired in 2018.
“Overall, we witnessed almost $200 million spent on Eastern Creek
industrial assets alone in 2018. Further opportunities remain for future
development, with several land banks that are yet to be sold.”
She added, “Looking at rents in Sydney’s Western Precinct, Savills
Research recorded a range from $120 to $130 per square metre across
prime grade assets, reflecting an annual growth rate of 6.5 per cent
over 2018.”
Eastern Creek Business Park, Stage 5 is situated approximately 40
kilometres west of the Sydney CBD and offers easy access to the M4
Western Motorway and Westlink M7.
Jaycar will move into their new facility in 2020.
Neighbouring companies in Eastern Creek Business Park include Kmart,
Kuehne + Nagel, Rhino-Rack, FDM, Best & Less, Fujitsu, Silk, Richo, Lite
& Easy and DHL.
Darren Curry and Ray Trimboli from Savills Australia brokered the deal.
--ENDS--
Source: Frasers Property - www.frasersproperty.com.au
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