Investing in Industrial Land

Investing in Industrial Land

Lismore has seven industrial precincts throughout the City, all with easy access to local, national and international transport.

Developers looking to expand or relocate their industrial business to Lismore have great reasons to do so:

• The City’s 45,000 strong population provides a skilled labour force;
• Compared to other shires industrial land is highly affordable, and;
• Council is totally committed to assisting developers make it happen.

What Lismore needs

Lismore needs more manufacturing capacity in areas such as light manufacturing, food processing, sustainable agri-business and component assembly.

Lismore City Council has a strong tradition developing sustainable industries with a track record of leading by example.

The City is well placed to major suppliers and markets, and has a ready labour force on hand.

Already large and small businesses have established their headquarters in the region with good access to qualified labour.

Great Value

Lismore’s industrial land value is very good, costing between $140-$170 sq.m, which is half that of industrial land in neighbouring shires: $270-$300 sq.m for Ballina and $350 sq.m for Byron.

All established and greenfield precincts have access to power, water, sewerage services, communications, Lismore Regional Airport and business networks.

Industrial Land Lismore

Industrial Land Planning Requirements

Lismore’s industrial precincts are generally for normal and light industry uses. The zoning is 4(a) Industrial – see the LEP for zoning detail. Click here to download.

Planning for industrial development in Lismore requires two key elements:

• Identifying your site;
• The development must be flexible to account for future growth, amenity and environmental considerations.

Take a look at our industrial precincts

South Lismore – Part A (north of Hollingworth Creek) read more
South Lismore – Part B (south of Hollingworth Creek) read more
North Lismore read more
East Lismore – Part A (Industry Drive) read more
East Lismore – Part B (Wyrallah and Skyline Roads) read more
Goonellabah read more
Tuncester read more

The Future

Lismore City Council is reviewing zonings to support development, address market changes, ensure a supply of industrial land and accommodate growth.

Recent Industrial Land Survey

In August 2008, Lismore City Council carried out a survey on Industrial land needs and observations in the Lismore area,  with survey forms being posted to 15 separate local real estate agents.

Ten replies were ultimately received, representing a 67% return response.

Analysis of the responses shows the following:

Demand for Industrial Land

50% of agents advise less than 1 enquiry a month (‘Low Demand’)
30% of agents advise 2 or more enquiries a month (‘Average Demand’)
20% of agents advise 1 or more enquiries a week (‘High Demand’)

Type of Industrial Land Requested by Clients

Land Only

• 40% want large lots (4,000 sq m +)
• 60% want medium lots (1,000 to 4,000 sq m)
• Nil demand for small lots (Up to 1,000 sq m)

Land and Building Packages

• 27% want large sized lots (4,000 sq m +)
• 55% want medium sized lots (1,000 to 4,000 sq m)
• 18% want small sized lots (up to1,000 sq m)

Request for Existing Rental Buildings

• 21% want large premises
• 29% want medium premises
• 50% want small premises

Important factors sought by clients

• Flood Free lots – 73% say this is important, 27% say not important
• Level lots – 100% say important
• Highway frontage – 55% say important, 45% say not important
• Location/Locality – 70% say important, 30% say not important

Is sufficient and suitable Industrial land readily available to meet needs?

• 10% say YES
• 90% say NO

Other comments received in relation to Industrial Land in Lismore:

• Reduce Sec 94 contributions
• Streamline the approvals process, make quicker decisions
• Make more land available (level, flood free, near highway)
• Free up more land to develop ASAP
• There is rarely a range of sheds for sale or lease
• Separate the ‘clean’ industries from the ‘dirty’ ones
• Need more zoned areas in North and South Lismore