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PRESS RELEASE
20 October 2009
WALKER CORPORATION SIGNS UP MAJOR COMPANIES
FOR $100 MILLION MONARO PROJECT
The ACT’s first masterplanned industrial estate – Monaro Industrial Park – has
attracted two major companies from Queanbeyan to become occupants in the $100
million industrial development.
Created by one of Australia’s leading property development groups, Walker
Corporation, the estate has attracted major listed infrastructure group Downer EDI
Ltd and local freight transporter, Innaimo Transport.
Downer EDI is moving its manufacturing facility from Queanbeyan to Monaro and will
purchase from Walker 21,175 square metres of land to build its new facility, which is
expected to open in mid 2010.
The Queanbeyan-based freight group Innaimo Transport is also making the move to
ACT with the purchase of 5,000 square metres of land from Walker to construct a
2,000 square metre driver facility and office complex.
The company will use Monaro Industrial Park as a transport hub for softdrinks,
whitegoods and electrical items across Southern NSW and the ACT.
The purchases follow Grace Records Management (Grace Records) recently signing
on to be the foundation tenant in the industrial estate south of Canberra’s CBD.
The 30 hectare Monaro Industrial Park is located on the Monaro Highway in Hume
and has received development approval from the ACT Government.
Walker’s construction of Grace Records’ facility will commence next month, with the
5,600 square metre warehouse, truck parking bays and roads complete by March,
2010.
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Chairman of Walker Corporation, Lang Walker, will be in Canberra on Tuesday 20
October 2009 to officially launch Monaro Industrial Park.
Mr Walker said “The creation of this exciting industrial estate is already providing
significant benefits to the ACT economy, attracting companies across the border from
NSW.
“These companies have made a long-term commitment to the ACT and we expect
the estate will generate hundreds of jobs during the construction process and in the
long term”, he added.
One of the major attractions of the Monaro Industrial Park is its proximity to the
Monaro Highway, providing links to all areas of the ACT and NSW regional centres.
Walker has a range of industrial lots available through Colliers International – with
blocks for sale from 5,000 square metres to 20,000 square metres, and lease options
starting from 2,500 square metres.
Mr Paul Powderly of Colliers International, said “The Monaro estate is proving to be
very popular with major companies as it is just five kilometres from the centre of
Canberra and being developed by arguably Australia’s most successful and
professional property developer, Walker Corporation.
“Walker’s certainty of delivery and financial stability is giving purchasers and tenants
great security in moving their operations to the ACT”, he concluded.
For further information contact
Paul Powderly
Tim Allerton
Colliers International
City PR
(0413) 122 877
(02) 9267 4511
NEWS 
