Goodman Group Stakeholder Review 2021

Oakdale West Industrial Estate, Sydney

The new Oakdale West Industrial Estate offers 89 hectares of development opportunity within the larger Oakdale Industrial Estate in Western Sydney. The project has attracted high profile customers including Amazon, Woolworths, Coles, Xylem and a large ASX-listed telco.

Together with Goodman’s joint venture partner, Brickworks, investment was made in Oakdale West’s infrastructure early in the project life including construction of Compass Drive, providing direct access to the estate.

Oakdale West connects smoothly to Sydney’s motorway network and Western Sydney Airport, and will benefit from future road upgrades. Within a one-hour drive of the estate are 4.4 million people, or 1.5 million households, representing a total online shopping spend of $15.6 billion*.

*Source: Esri, Michael Bauer Research and Roy Morgan

Sustainability features

Electric vehicle charging stations
250kW of solar panels installed for every 10,000 sqm
Roof structures that facilitate solar panels on entire roof
Automated LED lighting in warehouse and office
Rainwater harvesting for re-use in landscaping and amenities
Designed to support wellness and wellbeing
Green walls in amenity areas
Native, drought-resistant vegetation used in landscaping
Oakdale West Industrial Estate, Sydney, Australia
Alexandria Industrial Estate, Sydney, Australia

Market update

Australia’s population, infrastructure and economic output are concentrated in Sydney and Melbourne. Sydney is Australia’s most densely populated city, with land constraints and a complex planning system.

Development activity in Australia is forecast to remain at above average levels due to strong leasing and investment demand.

The pandemic has accelerated e-commerce penetration but Australia still lags the world. Despite this, technological advances in e-commerce are transforming supply chain and distribution operations.

Australia – projected e-commerce sales growth 2020-2025
New Zealand New Zealand
New Zealand