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Walter Taylor — A Wattlestone Company

Ipswich & West corridor

Industrial property in Swanbank, Brisbane — lease, sale & leaseback and build-to-suit

Direct answer

Swanbank is a large industrial locality on Ipswich's south-eastern edge, built on the site of the former Swanbank coal and gas power station and now organised around five distinct precincts spanning energy generation, waste and resource recovery, and enterprise-park manufacturing. It sits on the Cunningham Highway with its own rail siding, and hosts occupiers from Suntory's beverage facility to CleanCo's power and battery assets. Walter Taylor invests in and holds single-tenant industrial assets in Swanbank for the long term.

Swanbank — at a glance

Precinct
Former power-station site; now a five-precinct energy, waste-recovery and enterprise-park landscape
Key access
Cunningham Highway; Swanbank rail siding
Major estates/occupiers
New-Gen Business Park (Suntory, Boral, Humes, Veolia, Remondis, ILG); BrisWest (130+ ha)
Energy infrastructure
Swanbank E gas power station; grid battery (250 MW / 500 MWh, commissioning 2026); up to 1.2 GW grid capacity
Proximity
South-eastern Ipswich, on the Cunningham Highway
Why strategic
Rare combination of large freehold land, major grid power capacity and an established industrial user base

Local context

Why Swanbank is strategic

Swanbank's identity has always been tied to energy. For decades the site hosted the Swanbank Power Station, which by the mid-2000s comprised the larger, highly efficient gas-fired Swanbank E unit alongside the smaller Swanbank C plant, following an earlier era of coal-fired generation. That energy heritage has not disappeared — it has evolved. Swanbank E continues to operate, and the site now also hosts a large-scale grid battery, with construction of a 250 MW / 500 MWh battery beginning in 2024 and reaching commissioning in 2026, taking advantage of a grid connection capacity of up to 1.2 gigawatts that few other Queensland industrial sites can match.

Around that energy core, Swanbank has developed into a genuinely diversified enterprise-park landscape spanning roughly 18.8 square kilometres of predominantly industrial land, organised across five precincts. The New-Gen Business Park is anchored by Suntory Oceania's roughly $400 million beverage manufacturing facility, which opened on a 17-hectare site in mid-2025 and produces and packages drinks across a 40-brand portfolio; the same precinct hosts Boral, Humes, Veolia, Remondis and, more recently, Independent Liquor Group. Separately, BrisWest is a newer freehold industrial estate of more than 130 hectares being developed on former mine land at Swanbank's northern tip, between Redbank Plains Road, the Cunningham Highway and the Swanbank rail siding.

Swanbank also carries a significant, clearly delineated waste and resource-recovery precinct. Operators including Remondis and NuGrow run large-scale processing operations — enclosed composting, construction and demolition rubble crushing and reuse, and landfill-gas capture that generates enough electricity for thousands of homes — handling several hundred thousand tonnes of material each year. This is a deliberately managed, long-established use for the precinct, sited to keep heavier processing activity separated from the newer manufacturing and business-park precincts nearby, and it forms a genuine part of the region's circular-economy infrastructure.

For occupiers and owners, Swanbank's appeal rests on the scale and diversity of an established energy and industrial precinct with genuine room still to grow — BrisWest and the planned South Enterprise Park both point to further release of large-format industrial land. Direct Cunningham Highway access connects the precinct to the wider Ipswich Motorway network and, beyond it, to the Warrego Highway corridor toward Toowoomba and Inland Rail, while the Swanbank rail siding retains a freight-rail option that few comparable Queensland enterprise parks offer.

Typical asset types here

Large-format manufacturing facilities (such as Suntory's beverage plant), freehold industrial land at scale (BrisWest), energy-generation and grid-battery infrastructure, and waste-and-resource-recovery processing facilities. Swanbank suits occupiers with substantial land, power or processing requirements rather than small-format strata users.

What drives demand

  • A grid connection capacity of up to 1.2 gigawatts, supporting power-intensive manufacturing and energy-generation uses.
  • Direct Cunningham Highway access linking to the Ipswich Motorway network and the Warrego Highway corridor.
  • Large-format freehold industrial land still being released, notably the 130-plus-hectare BrisWest estate.
  • An established, purpose-managed waste and resource-recovery precinct supporting circular-economy and utility occupiers.
  • Proven major manufacturing investment, evidenced by Suntory's roughly $400 million beverage facility.

Swanbank — questions

Is Swanbank still an active power station site?
Yes, in part. The Swanbank E gas-fired power station continues to operate on the site, and a large-scale grid battery — 250 MW / 500 MWh — began construction in 2024 and reached commissioning in 2026, drawing on a grid connection capacity of up to 1.2 gigawatts. Alongside this ongoing energy generation, the broader Swanbank locality has diversified substantially into manufacturing, waste and resource recovery, and enterprise-park development, so the precinct today is better understood as a broad energy-and-industrial landscape than a single power-station site.
What companies operate in Swanbank?
The New-Gen Business Park is anchored by Suntory Oceania's roughly $400 million beverage manufacturing facility, opened in 2025 on a 17-hectare site, alongside Boral, Humes, Veolia, Remondis and Independent Liquor Group. The precinct's waste and resource-recovery operators, including Remondis and NuGrow, run large-scale composting and recycling operations. Newer freehold industrial land is being developed at BrisWest, on the precinct's northern tip. Together this makes Swanbank one of the more diversified industrial locations in the Ipswich region, spanning energy, food and beverage manufacturing, building products and waste services.
Is Swanbank associated with waste management, and is that a concern for other occupiers?
Swanbank does host a genuine, long-established waste and resource-recovery precinct — operators such as Remondis process several hundred thousand tonnes of material a year through enclosed composting, construction-waste recycling and landfill-gas capture. This activity is a deliberately managed part of the site, generally sited to keep it separated from the newer manufacturing and business-park precincts such as New-Gen and BrisWest. For occupiers considering a specific site, local planning controls and precinct positioning are worth confirming with an agent or Ipswich City Council, but the precinct's overall trajectory has been toward higher-value manufacturing and energy investment alongside its established waste-management role.
How much industrial land is available in Swanbank, and is it still growing?
Swanbank is a large industrial locality — around 18.8 square kilometres — and genuine large-format land continues to be released. BrisWest is delivering more than 130 hectares of freehold industrial land on former mine land at the precinct's northern tip, and a further South Enterprise Park has been flagged for future release. This ongoing supply of large, contiguous freehold land is relatively unusual in the wider Ipswich corridor and is a key part of Swanbank's appeal to occupiers needing scale.
What kind of industrial property is available in Swanbank, and how would I find out what's on the market?
Swanbank suits occupiers and investors looking for scale — large freehold land parcels, power-intensive manufacturing facilities, and processing or logistics operations rather than small-format strata units. Because the precinct spans several distinct sub-areas with different characters and planning settings, pricing and availability are best confirmed with agents active in each specific precinct (New-Gen, BrisWest or the broader enterprise park). Walter Taylor's sale-and-leaseback approach is also available to Swanbank owner-occupiers who want to release capital from their property while remaining in place on a long-term lease.

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