After finishing the first half of the year on a high note and kicking off the second half even more swiftly, the Colliers Sydney South West industrial & logistics team of sales and leasing experts have been extremely active in accelerating the success of their clients’ properties and delivering enduring value throughout June and July. 

The expert team have been highly active and dominant in the South West outer market, particularly across freestanding building sites, having successfully sold several in the past two months.

Mr. Balderston has observed that “the South West market has seen high levels of enquiry and demand, as it presents the ideal location for owner occupiers and investors looking to take advantage of the proximity it provides to major road networks and infrastructures.” 

In response to this demand, the team have sold five freestanding properties in the Outer South West market throughout June and July, totaling a combined sale value of $28.9 million.

Mr. Tsoutsa commented that “Strong rates are still being achieved across these sales with yields circa 5.5% - 6% on investments, despite high interest rates.” These sale transactions further highlight that existing freestanding facilities suitable for both warehousing and manufacturing are consistently in demand in Sydney, and these properties fulfill that demand.

The five properties are well-located and positioned across highly sought-after outer market suburbs such as Minto, Smeaton Grange, and Ingleburn.

According to Mr. Miles, “The advantages are further magnified by the sites being in close proximity to major arterial roads and their effectiveness in providing seamless access and connectivity to the broader Sydney metropolitan area.”

Mr. Urquhart added “They each offer owner occupiers or investors the opportunity to strategically place themselves in South West Sydney, one of Sydney’s biggest industrial & logistics growth corridors.” 

With a mix of both investors and owner occupiers snatching up the freestanding buildings, the demand can be pinned by a multitude of factors such as, prime location, existing buildings being suitable for immediate occupation, and an increase in availability across the Outer South West market compared to previous years.

These market leading transactions and dominant track record of Colliers experts across June and July demonstrate the strength of the South-West industrial & logistics market amid changes in interest rates and stock levels. 

In addition to these recent sales, the team have amassed greater freestanding opportunities in these highly sought-after locations. To find out more about these opportunities, or to see how the South West team can help with your industrial & logistics requirements, please reach out to one of the experts below.  

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