Fairfax print sites for sale

Fairfax is selling its print facilities in Ormiston, Brisbane and Beresfield, Newcastle; following their closure as part of the company’s print sharing agreement with long time rival News Corp.

The properties are now listed on the market, with Ray White Bayside handling the Ormiston site and Colliers International managing the Beresfield property.

The site in Ormiston covers 5.19ha, with 5,160sqm of office and warehouse buildings while the Beresfield facility, covering 4,478 sqm, was built 30 years ago, on a total land area of 9,747 sqm.

[Related: News tops print at media awards]

Fairfax print work produced at Ormiston has been transferred to News plants in Murrarie, Yandina, Warwick and Townsville in Qld, with some being moved over to Fairfax’s site in Tamworth. All print produced for its Australian Community Media (ACM) division at Beresfield was transitioned to its sites in Tamworth and North Richmond in NSW, while metro work went to News at its Chullora facility.

The site closures affected around 120 staff and the union said it was blindsided by the agreement.

Fairfax also sold its former plant in Chullora, Sydney for $45m three years ago to property group Charter Hall. The sale came after it sold its Tullamarine site in Melbourne to car dealer Bobby Zagame for $16m. The construction of the two sites cost $600m.

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