Dexus's last mile industrial estate at Moorebank secures Development Approval
Dexus's last mile industrial estate at Moorebank secures Development Approval
Dexus today announced 12 Church Road, Moorebank (“Velociti”) in Western Sydney has received Development Approval (DA). The Velociti industrial estate is a co-owned by Dexus and Dexus Industria REIT (DXI).
The last mile estate will feature circa 17,800 square metres of gross lettable area across seven warehouses with inbuilt mezzanine offices. The project is located in the Liverpool Local Government Area, Australia’s top online shopping location by purchase volume, offering a supply chain advantage to prospective customers.
Dexus Head of Transactions and Development – Industrial, Chris Mackenzie said: “Velociti’s last mile location offers unrivalled access to meet the continued demand for rapid fulfillment. From the Moorebank site, distributors can access 93% of Sydney’s population within 60 minutes.
“The supply of modern, well located industrial space continues to be constrained, and we expect to see strong interest from customers looking to leverage the facility’s desirable location.”
The warehouses are designed to be multifunctional and adaptable options for cold storage, automation systems, robotics, pallet and multi-tier racking and integrated warehouse management technology ensuring a versatile use of space.
Sustainability initiatives will be included to deliver operational efficiencies to reduce the facility’s carbon footprint, and the warehouses will utilise daylight harvest smart LED lighting, rainwater harvesting and rooftop solar, helping customers meet their sustainability targets.
Construction is expected to commence in early 2024.
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