At the Apex

The GPT Group’s Apex Business Park is a prime industrial estate ideally situated to offer prospective tenants a well-connected base for East coast operations in Australia.

In the competitive Australian industrial real estate landscape, new developments are expected to meet the evolving commercial and lifestyle needs of the customer.

The ideal business park offers proximity and rapid access to transportation networks, enhancing logistics and supply chain efficiency – a critical factor for businesses in sectors ranging from manufacturing to e-commerce. 

Additionally, sustainability and employee wellbeing have become key considerations, with green certifications and amenities that promote a healthier, more productive workplace increasingly required by customers. These modern industrial facilities not only accommodate the location, environmental and technology needs of contemporary occupiers, but also provide flexibility in size to cater to a wide range of businesses.

Apex Business Park in Brisbane is being developed progressively by The GPT Group (GPT) with facilities that have been designed to address these varying needs. Upon completion, the estate will offer 70,158 square metres of prime logistics space across five facilities, located in the growing western corridor between Brisbane and Ipswich and addressing the low levels of market supply. 

It features excellent connectivity to arterial roads and highways, superior sustainability credentials and amenities designed to enhance operational efficiency and staff wellbeing. The estate provides flexibility for prospective tenants, with spaces ranging from 3,703sqm to 21,814sqm, catering to diverse customer needs.

Apex Business Park is also positioned well above the adopted flood regulation line, with flood-free access.

With the second stage of the estate recently completed, MHD caught up with the GPT team to find out what positions Apex Business Park at the forefront of high quality logistics developments. 

Developing opportunities

GPT is Australia’s oldest property trust, launched in 1971. Since its establishment, the business has worked closely with its customers and the industries they serve to develop a comprehensive understanding of their needs and requirements. 

“GPT has a long track record as a developer and owner of high quality properties, which provides customers with peace of mind knowing they can grow their business with an experienced and trusted partner,” says Amy Ng, Development Manager in Logistics at GPT.  

“GPT has assets under management of over $32 billion across a portfolio of high quality Australian real estate, which includes approximately $4.7 billion in logistics assets. We continue to progress our development pipeline, which is approximately $2 billion.” 

“The first warehouse at Apex Business Park was completed in May 2022,” Amy says. “It’s a 12,450 square metre warehouse, fully leased to Saab.

“We recently completed construction of the estate’s second stage, comprising a standalone 11,712 square metre space that’s ready to lease and occupy now. Of the remaining three stages, two have received development approval, with the third on the way.”

“Location is an important benefit,” Amy says. “Apex is surrounded by the Cunningham and Warrego highways to the north, and Brisbane Road from the south, delivering fast connectivity to the Brisbane CBD, Ipswich, Brisbane Airport, and the Port of Brisbane. There is also B-double access throughout the estate.” 

“The precinct is well established,” adds Melissa Gardner, National Director of Leasing, Logistics at GPT. “There are gyms, cafés, pharmacies and food retailers nearby. The estate has more than 840,000 households within a 60-minute transit, and 225,000 households within a 30-minute drive, offering great access for both the captive workforce and last-mile distribution customers.”

Ms Gardner says tenants of Apex Business Park are well-supported by the Brisbane-based management team.

“We have a dynamic and personalised service available on a day-to-day basis, with team members regularly on-site,” she says. “Our occupiers benefit from having that resource available to service their needs.”

Sustainable success

“Sustainability is front of mind at GPT,” says Amy. “All of our warehouses target a minimum Five-Star Green Star Design and As-Built rating. Key initiatives include a rooftop solar array and on-site batteries, solar hot water, LED lighting, low-carbon concrete, and rainwater harvesting for use in toilets and landscaping.”

Where possible, the estate has been developed with Australian-made building materials and products designed to endure Australian conditions, and GPT has also used low volatile materials, paints, and adhesives.

A Hub of Activity and Growth

Apex Business Park not only provides modern, high quality warehousing; it’s in the process of creating a vibrant environment where businesses thrive. “The proximity to major retailers and distribution hubs like Costco, Australia Post, Australian Pharmaceutical Industries, and The Reject Shop, all within a five to ten-minute drive, underscores Apex’s appeal as a prime location for businesses looking to capitalise on Bundamba’s growing economic activity,” says Melissa.

Bundamba’s reputation as an area benefitting from ongoing growth is key to understanding the allure of Apex Business Park. “Bundamba is a really expanding corridor in Brisbane and it’s a great time for occupiers to secure modern space in a growing market,” Melissa adds. Amy agrees, noting the corridor’s potential for high population growth, further driving the demand for well-located industrial and logistics space.

A Partnership for Success

GPT’s approach to tenant relationships goes beyond the transaction; it’s about fostering genuine long-term partnerships. “GPT focus on truly partnering with our customers to provide them with the best possible experience,” says Melissa. 

“We are able to draw upon our knowledge and expertise to deliver spaces that meet our customers’ needs, while they can benefit from our networks and the opportunity to grow as we build out our development pipeline.”

These partnerships extend to wellbeing initiatives, such as GPT’s collaboration with Healthy Heads in Trucks & Sheds. “We are a Premier Partner of Healthy Heads in Trucks & Sheds, and we encourage our occupiers to sign up for the Healthy Heads resources. We host roadshow events for our customers, and we promote key strategic initiatives that Healthy Heads address, including awareness and advocacy with the goal of building literacy and reducing stigma around mental health challenges,” explains Melissa. 

The initiative is part of GPT’s commitment to supporting the mental and physical health of the workforce within Apex Business Park and across its logistics portfolio, ensuring a holistic approach to business success.

Ready for the Future

Apex Business Park is delivering prime quality industrial space through sustainable developments, and is ready to accommodate the evolving needs of tenants. Its location, amenities, and GPT’s proactive partnership approach provide a solid foundation for businesses looking to expand and thrive in the dynamic Queensland market. As the area continues to develop, Apex Business Park is poised to remain a key offering in the low-vacancy industrial and logistics sector, offering unparalleled opportunities for growth, innovation, and success.

Visit: www.apexbusinesspark.com.au for more information and to explore leasing opportunities.

For more information on GPT Group, click here.