Sydney’s upper north shore industrial & logistics market is a highly sort after location for both occupiers and investors. Strong demand for the precinct can be attributed to its ideal positioning, providing access to the greater Sydney market as well as the growing Central Coast region. 

Lack of industrial & logistics land supply, coupled with aging existing warehouse stock and a flight to quality for property seekers has meant the upper north shore market has needed to adapt.

To accommodate the strong demand and as a result heighted interest in the area, there has been an increased emergence of the number of high quality industrial & logistics developments entering the market. 

“These developments are popping up in suburbs such as Asquith, Thornleigh and Mount Kuring-Gai which will provide in excess of 22,000m² of new, high-quality industrial & logistics space.” mentioned John Carney, Associate Director at Colliers. 

In addition to providing further opportunity to occupy within the upper north shore market, these developments are delivering market leading designs which have factored in high clearance warehousing, generous truck access and container loading areas.

These warehouse designs are transforming the market and equipping future occupants with the necessary facilities and requirements to seamlessly operate a business.

The increased space and high-quality designs are combatting the issues related to limited supply in comparison to demand, additionally, the proximity this market provides is furthering offering potential occupiers an ideal location to operate a business from.

“Each of these new developments are situated on a site that offers access to the M1 and M2 motorways, ensuring connectivity to most of Sydney and the central coast market via the M1.” Said Mr Carney. 

With considerable activity in the area, these developments are creating an increase in opportunity for potential occupiers. The trend in new developments popping up across the upper north shore market is meeting the needs of those property seekers looking for a flight to quality, whilst addressing the need of a favorable location. 

For further information on Sydney’s upper north shore market or current opportunities provided as a result of the emerging developments reach to out Collier’s sales and leasing expert John Carney.

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