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.
How we partner
Three ways we partner in Swanbank
Sale & leaseback
Own your premises here? Release the capital and lease it straight back on a long-term basis.
Learn more →Build / develop-to-suit
Need a facility that doesn't exist yet? We fund, build and hold it — then lease it to you.
Learn more →Acquire-to-suit & lease
Outgrowing your space? We acquire the building that fits your requirement and lease it to you.
Learn more →Swanbank — questions
Is Swanbank still an active power station site?
What companies operate in Swanbank?
Is Swanbank associated with waste management, and is that a concern for other occupiers?
How much industrial land is available in Swanbank, and is it still growing?
What kind of industrial property is available in Swanbank, and how would I find out what's on the market?
Nearby & up a level
Start a conversation
Talk to us about Swanbank
Talk to us directly about the premises your business needs — to outgrow, to free up capital, or to have built. One conversation with the people who decide.
We work with agents. If you’re an agent with a tenant requirement you can’t place or an off-market opportunity, bring it to us.