Boral & Dexus Develop Australia's Largest Logistics Precinct at Ravenhall

Boral and Dexus have entered into a joint venture to develop the Ravenhall Logistics Precinct in Melbourne’s western corridor. The project will transform Boral’s 630-hectare Ravenhall landholding into a large-scale logistics and warehousing precinct with a potential lettable area of up to 2.5 million square metres, subject to rezoning approval.

Located approximately 20 kilometres west of Melbourne’s CBD, the site provides direct access to the Western Freeway and the future Outer Metropolitan Ring Road. The precinct also includes an existing rail spur connected to the Port of Melbourne, supporting potential multimodal freight operations.

Industrial Land Development Strategy
The project combines Boral’s industrial land assets with Dexus’ logistics and property development capabilities. Under the agreement, Boral will contribute land progressively at market value following rezoning while retaining a 50% ownership interest in the development. Dexus and its capital partners will hold the remaining 50%.

The staged structure allows industrial development to proceed alongside continued quarrying activities at the Deer Park Quarry, where basalt extraction has operated since 1968. The quarry remains an important supplier of hard rock materials for Melbourne’s construction sector.

The phased development model is intended to maintain continuity of quarry operations while enabling long-term industrial infrastructure expansion across the site.

Logistics and Transport Infrastructure
The Ravenhall Logistics Precinct is planned as a large-scale industrial and logistics hub designed to support freight distribution, warehousing, and transport operations within Victoria’s growing industrial corridor.

A key technical feature of the site is the integration of road and rail freight infrastructure. Immediate freeway access and proximity to the future Outer Metropolitan Ring Road support regional freight connectivity, while the existing rail spur creates the potential for intermodal transport operations linked to the Port of Melbourne.

According to the project details, the economic forecasts include the incorporation of an IMEX intermodal terminal within the precinct. Intermodal freight systems enable freight transfers between rail and road transport networks, supporting higher logistics throughput and reduced dependency on road-only freight movement.

Phased Implementation and Operations
Development will occur progressively as rezoning and infrastructure planning advance. The implementation strategy has been structured around sequencing industrial development zones alongside active quarry operations.

This approach reduces operational disruption while allowing portions of the site to transition into logistics and warehousing infrastructure over time. The staged land contribution model also allows capital deployment to align with development phases and market demand.

Economic and Industrial Impact
At full operation, the precinct is forecast to contribute up to AU$14.9 billion annually to the Victorian economy and support more than 31,000 full-time equivalent jobs per year, based on the inclusion of the proposed intermodal terminal.

The project reflects growing demand for integrated logistics infrastructure in Australia’s urban growth corridors, particularly facilities capable of supporting multimodal freight operations, large-scale warehousing, and industrial distribution networks.

Edited by Natania Lyngdoh, Induportals Editor, with AI assistance.

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