Patio maker consolidates to Richlands
Garda has secured the Ausdeck Group to a three hectare office headquarters and distribution centre at south west Brisbane’s Richlands.
The occupier will consolidate from four metropolitan facilities at Carole Park.
Its lease agreement, for a 13,000 sqm property at 56-72 Bandara Street (artist’s impression, top), is for an initial 10 years.
In 2034, it will be presented with a five year option.
Fifteen per cent, or 2000 sqm, of the lettable area will be for an office.
The warehouse will contain multiple gantry cranes and equipment; its products are Australian-made.
“The deal will be transformative for the group by unlocking significant operation value, improving the group’s service offering to customers and creating a world class facility that attracts global talent”, Ausdeck Group’s managing director Simon Plummer said.
Garda paid $6.8m for the block in 2021.
Richlands is 16 kilometres from the CBD.
Flagship property: developer
Ausdeck has several subsidiaries, marketing amongst other things, patios, roofing, sheet metal, green recycling and powder coating (story continues below).
“The catalyst for Ausdeck’s property requirement was recent investment from leading industrial SME investor Alpin, that rapidly scaled Ausdeck’s growth throughout the eastern Australian seaboard,” head of Knight Frank’s industrial business, Mike Clifford, said.
“With 60,000 sqm of industrial property across ownership of a number of businesses, Alpin understands the importance of securing high quality industrial tenancies to underpin long term sustainable success,” he added.
Following completion, Ausdeck will still operate out of two Carole Park properties.
“I took Ausdeck’s brief to the market early in 2022 to find the right site to deliver its purpose-built facility to provide the business with greater efficiency by being able to combine its operations into one location,” Mr Clifford said.
“We worked very closely with Ausdeck during the process; this will be their flagship site housing all its business operations under one roof over the long term, so they want to get it right,” he added.
“A thorough selection process was run on behalf of Ausdeck and there were some excellent options on the table, but ultimately the Garda Property Group site at Richlands won out,” according to the executive.
“The location was a key driving factor in the selection process, with the site being in…proximity to Ausdeck’s existing customers and transport networks including the Centenary and Ipswich motorways.
“It is also close to local amenity including Centenary shopping centre and Forest Lake.
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