Stockland and John Boyd Properties Unveil Plans For Former Kogarah Golf Club Site
Artists impression.
Stockland, one of Australia’s leading diversified property groups, has announced a landmark $3.5 billion logistics development on the former site of the Kogarah Golf Club in Sydney’s southern suburbs, in partnership with John Boyd Properties. The multi-storey industrial precinct will transform the 18.3-hectare riverfront site into a state-of-the-art logistics hub servicing Sydney Airport and Port Botany.
Located adjacent to major arterial roads and transport infrastructure, the planned 340,000-square-metre facility will be constructed in three stages beginning in 2027. Once operational, it is expected to generate approximately 4,500 direct and indirect jobs.
The development marks a strategic shift for ASX-listed Stockland, which is ramping up investment in residential and industrial sectors while scaling back its retail and retirement portfolios. The company will initially self-fund the development, with plans to bring in institutional capital partners – including KKR and M&G Real Estate – as the project progresses.
“This is a project of national significance,” said Stockland CEO Tarun Gupta. “It’s a major injection of economic activity, perfectly located next to Sydney Airport and Port Botany, with direct access to the M1, M5, M8, and the future M6. We’re confident it will become a magnet for logistics and supply chain operations.”
Commonwealth Bank of Australia is the sole underwriter of the project. George Vallas, Head of Real Estate at CBA’s Institutional Bank, said: “This facility aligns with Stockland’s long-term strategy while positioning us at the heart of Sydney’s growing logistics sector.”
In addition to the logistics infrastructure, approximately 75% of the former golf course site will be converted into public open space. Bayside Council will lead the creation of Pemulwuy Park – a 14-hectare public park featuring new green space, walking and cycling paths, and renewed public access to the Cooks River foreshore.
The Kogarah Golf Club, founded in 1928, closed its course in March 2025 following the site’s sale to John Boyd Properties. The club has since amalgamated with Liverpool Golf Club and relocated under the new name Oak Point Golf Club.
Bayside Council Mayor Edward McDougall welcomed the announcement: “This proposal represents a fresh chapter for Bayside – one that brings significant job creation and economic opportunity to our city while unlocking the potential of a long-stalled site.”
Also in attendance at the official announcement were NSW Treasurer Daniel Mookhey, Minister for Planning and Public Spaces Paul Scully, and Member for Rockdale Stephen Kamper, underscoring the project’s importance to the state’s economic and infrastructure planning.
Stockland’s development promises to be one of Sydney’s most impactful industrial projects, reshaping a once-private golf course into a future-focused economic and community asset.
