One Pacific Highway is the region’s largest single-lot industrial area to be sold, with plans to deliver transformative mixed-use estate

Metrics Credit Partners (“Metrics”), in partnership with Queensland developer Vitale Property Group (“Vitale”), has acquired Lot 1 Pacific Highway, Coomera, to deliver a landmark project in one of the state’s most strategic and rapidly growing corridors.

The 53.99-hectare site – known as One Pacific Highway – is among the last remaining large-scale, developable parcels in South-East Queensland. The acquisition follows a highly competitive international Expressions of Interest campaign, exclusively managed by Colliers.

With direct access to the M1 and the future Coomera Connector, and development approval for a multi-lot staged subdivision, Metrics and Vitale are advancing plans to transform the site into a mixed-use estate that will drive economic growth, job creation, and infrastructure investment.

Andrew Lockhart, CEO and Managing Partner of Metrics said:

“One Pacific Highway represents a rare opportunity to unlock large-scale industrial and employment land in a rapidly growing, and under supplied corridor. We look forward to working with the Vitale team on this high-quality project that aligns with regional planning priorities, supports long-term economic growth and delivers results for our investors.”

This is the second joint venture between Vitale and Metrics to redevelop major industrial land, with delivery underway on the 130-hectare Briswest Industrial Estate in Ipswich, in conjunction with Pearson Property Services.

Chris Vitale, Director of Vitale Property Group added:

“We’re proud to partner with Metrics to deliver a generational project in this highly strategic zone. This acquisition reflects our long-term vision to create a benchmark industrial and mixed-use precinct that supports the next wave of infrastructure and logistics growth on the Gold Coast.

“Industrial land supply on the Gold Coast is incredibly constrained, particularly when it comes to large-scale, developable sites. With infrastructure and population growth accelerating, the pressure on employment lands will only intensify. We see this as a once-in-a-generation opportunity to meet that demand head-on.”

Daniel Coburn, Director of Industrial & Logistics at Colliers said:

“This site is a truly unique offering in terms of scale, location, and flexibility. The level of interest we received – including over $700 million in unsatisfied capital – highlights the depth of demand for strategic industrial landholdings. Vitale and Metrics are ideally placed to bring this site to life.”

Surrounded by major occupiers such as Costco, FedEx, Maritimo, and Nutrition Warehouse HQ, and within five hundred metres of Westfield Coomera, the 600-bed Coomera Hospital (currently under construction), and two and a half kilometres from the Gold Coast Marine Precinct, the site is primed to become a major employment and logistics hub.

The sale comes amid $107.3 billion in committed infrastructure investment across Queensland over the next four years, including transformative projects such as the Coomera Connector, Gold Coast Light Rail Stage 3, and Logan–Gold Coast Faster Rail.

7 August 2025