OPD

What OPD does

OPD (Office Parks Developers) is a privately held Australian commercial real estate developer founded in 1998 by Bill Henderson and headquartered in Eight Mile Plains, Queensland. The company specialises in the design, site acquisition, construction, sale and leasing of customisable office and industrial buildings, introducing the master-planned office park concept to South East Queensland. Its portfolio comprises more than nine office parks and related developments spanning over 300,000m2 of delivered commercial and industrial space across Brisbane, Sydney and Melbourne, including assets such as Freeway Office Park, Garden City Office Park, Meadowbrook Health Centre, 87 Ipswich Road, Pymble Place, 757 Ann Street and The Depot.

OPD serves mid-market and enterprise customers including blue-chip corporates (Teys-Cargill, Samsung, Nestle, Commonwealth Bank, Mazda, ABB), Queensland Government and healthcare providers (Metro South Health, Lumus Imaging), as well as SMBs and startups via a serviced-office partnership with Corporate House. Its core technology is commercial property development and construction rather than software, with technical differentiators centred on fully funded project delivery, custom turnkey fitout, sustainability certifications (4.5 NABERS, 5 Star Green Star), and amenity-rich master planning.

Revenue is generated through two primary streams: one-off commercial property sales (custom-built office and industrial buildings) and recurring commercial leasing of space within OPD-developed parks, supplemented by turnkey fitout professional services. Pricing is quote-based and not publicly disclosed. OPD retains ownership of approximately 20% of tenancies within its portfolio, creating a stable rental annuity alongside development margin, and distributes through direct enterprise field sales with referral-driven lead generation. The firm operates with 11-50 employees and remains family-influenced, with founder Bill Henderson and son Alastair Henderson (Development Manager) in senior leadership roles.

Name

OPD

Legal name

OPD

Website

https://opd.com.au

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

OPD is an Australian private commercial property developer designing, building, leasing and selling master-planned office parks and industrial workspaces across Brisbane, Sydney and Melbourne for mid-market, enterprise and government tenants including Teys-Cargill, Commonwealth Bank, Mazda and Queensland Government.

Ownership category

akta.pro rank

Headquarters

HQ city

Eight Mile Plains

HQ country

Australia

HQ region

Oceania

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Property Sales: OPD sells custom-built commercial office and industrial buildings to businesses, providing end-to-end property solutions including design, construction, and fitout.
2. Commercial Property Leasing: OPD leases office and industrial spaces to businesses with flexible terms, including options to purchase later. Offers turn-key fitout services as part of leasing arrangements.
3. Turn-key Fitout Services: Construction and customisation of office spaces as part of property transactions, providing complete workspace solutions from design to move-in ready.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

OPD is a commercial property development company that designs, builds, sells, and leases office and industrial workspaces across Brisbane, Sydney, and Melbourne. It develops master-planned office parks and turn-key custom-built commercial premises, providing end-to-end solutions including site acquisition, design, construction, fitout, and ongoing leasing or sale of the completed assets.

Product overview

OPD (Office Parks Developers) is a commercial real estate developer offering a portfolio of office parks and workspaces across Brisbane, Sydney, and Melbourne. The company operates as a single unified offering comprising 9+ office park properties (Freeway Office Park, Meadowbrook Health Centre, Technology Office Park, Garden City Office Park, 87 Ipswich Road, Pymble Place, Brookwater Office Park, 757 Ann Street, Gateway Office Park, and Westgate Central), plus The Depot industrial units. OPD provides commercial office and industrial buildings for lease and purchase, with turn-key custom fitout services from design through construction to delivery. The company also partners with Corporate House to offer serviced offices. Their portfolio spans over 300,000m2 of commercial and industrial space, with services including customisable workspace design, hassle-free construction, and flexible leasing or buying options for businesses of various sizes.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Projects delivered on time and within budget with 20+ years of client testimonials supporting delivery claims
• +1 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Corporate House ServicescoreChannel Partner/ Reseller/ DistributorCorporate House Services provides serviced office and coworking spaces across OPD's Brisbane and Sydney locations, offering flexible workspace solutions for businesses. OPD refers clients to Corporate House for serviced office needs while OPD focuses on custom builds and larger commercial transactions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lendlease: Global real estate and investment group with significant Australian commercial development operations. Overlaps with OPD in office construction and integrated development, but operates globally and at much greater scale.
• Stockland: One of Australia's largest diversified property developers with commercial office, industrial, and retail assets. Overlaps with OPD in commercial development but operates at vastly greater scale across more asset classes.

Direct peers

• Charter Hall: One of Australia's largest commercial property groups with significant office and industrial portfolios. Comparable to OPD as a commercial landlord-developer targeting institutional and corporate tenants, though at materially larger scale.
• Mirvac Group: Diversified Australian property developer with material commercial office and industrial exposure alongside residential. Comparable as a multi-state developer of institutional-grade office product for corporate tenants.
• Dexus: Major Australian office-focused REIT and developer operating in Sydney, Melbourne, and Brisbane. Closely comparable in target customer base (enterprise tenants) and product type (premium office), though far larger and publicly listed.
• Cbus Property: Australian developer-investor building premium commercial and residential assets nationally. Comparable in product quality focus and enterprise/government tenant orientation, though serving institutional capital partners.
• Primewest: Mid-sized Australian commercial property investor-developer with office and industrial holdings. Closely comparable in scale to OPD, with similar focus on suburban/metro commercial product for corporate tenants.
• GPT Group: Australian diversified property group with sizeable office and logistics portfolios. Comparable commercial tenant base and product positioning, with similar emphasis on quality amenitized workplaces.
• Investa (Oxford Properties): Australia-focused commercial office owner-developer owned by OMERS/Oxford Properties. Closely comparable in target customer base, asset class (office), and tenant mix of corporate and government occupiers.
• Cromwell Property Group: Australian diversified property group with office and industrial assets across major metro markets. Comparable in office-centric strategy and multi-state footprint, though structured as a listed REIT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/opd
• Xx.com/opddevelopers

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OPD