Oyster Capital’s $200m spending spree at Spedding
The firm’s first foray into industrial property has paid dividends, as developers snap up $130m worth of development land.
Property for Industry has picked up three separate sites.
Oyster Capital says it's secured $130 million in early sales at its greenfields 46-hectare Spedding Rd industrial precinct.
The company, which paid $68m for the farmland and about 36ha of 'useable' space, will spend another $56m on wastewater, power and a road network across the greenfield site.
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