Demand sparks more growth
WARANA-based energy company, Eniquest, has bought land at Caloundra's Sunshine Coast Industrial Park and plans to move to purpose-built premises by mid-year. The company manufactures off-grid electric power generating systems for the defence, telecommunication and mining markets.
Development engineer/general manager Don Pulver said Eniquest started in 2003 from a 900sq m rented shed in Dual Ave Warana and has expanded several times.
"The logistics of operating at Warana were difficult and we decided we must seriously plan for our future 10 years of predicted growth. We looked at options for properties in our area but there was nothing that ideally suited our business.
"We chose Sunshine Coast Industrial Park for better access to Brisbane and the Bruce Highway.
"Our products are shipped all over Australia and overseas with very little going to our local area. Our customers include Australian Defence Forces, Thales, Boeing, Telstra, Ergon Energy, BHP and Rio Tinto."
Sunshine Coast Industrial Park coordinating agent Glen Grimish of CBRE said Eniquest bought one of four allotments purchased by local companies in the months leading up to Christmas.
"Eniquest has outgrown its Warana premises and bought an 8890sq m allotment at Sunshine Coast Industrial Park, which will allow the company to build for future growth," Mr Grimish said.
Mr Pulver said Eniquest's products are high quality and specialised. Australian components are used whenever possible with electronics assembled in Brisbane, alternator windings in Perth and machining and metal fabrication done locally and in Brisbane.
"Our business is all about manufacturing in Australia at times when we are finding our skills moving offshore," Mr Pulver said.
Architects Reitsma & Associates, Barlow Shelley Consulting Engineers and Paul Pryor Constructions have been engaged to design and build a 2000sq m tilt panel office-warehouse.
"We are only completing stage 1 at this time with plans for stage 2 when needed," Mr Pulver said. "The stage 1 facility will be more than twice the area that we are currently operating with, so we have room to grow."
Economic Development Queensland developed Sunshine Coast Industrial Park off Caloundra Road, offering land ranging in size from 2400sq m to 10ha. The park includes a medium impact and a high impact industry precinct to cater for a wide variety of business uses.
Mr Grimish from CBRE said 2016 had been an excellent year for sales at the estate. "Five lots have settled - these lots range from around 2600sq m to just under 9000 sqm and reflect prices from $150 to $180 per sq m.
"The total value of settled sales for 2016 was just over $4million for a total land area of 2.5ha. An additional four lots, totalling 8.29ha, are currently under contract. "