Northmead’s latest premium industrial estate has launched stage 1 sales to incredible buyer demand and record sales rates. Stream is being marketed for sale by Knight Frank agents Mark Sfeir and James Reeves in conjunction with Parkside Commercial Real Estate agents Aymen Sobbi and Rino Gazzera.
Northmead’s latest premium industrial estate has launched stage 1 sales to incredible buyer demand and record sales rates.
The multi-level strata warehouse and storage development, Stream Northmead, will be constructed on one of the last vacant parcels of land in the precinct, a 6,490sq m industrial zoned infill site at 150 Briens Road, just a short walk from Westmead Hospital.
Hannas, one of Sydney’s leading industrial strata developers, purchased the site in July 2022 in a deal negotiated by Knight Frank, Moxham Commercial and Bawdens.
Stream is being marketed for sale by Knight Frank agents Mark Sfeir and James Reeves in conjunction with Parkside Commercial Real Estate agents Aymen Sobbi and Rino Gazzera.
Combining industrial practicality with modern workspace functionality, Stream Northmead is a solution for workplaces searching for a premium industrial home.
Spanning three levels of strata storage units and warehouses with mezzanine offices, Stream Northmead is architecturally designed to harness natural light, prioritise an intelligent use of space and integrate with an abundant landscape and environmental surrounds.
The modern flexible warehouses, situated on the ground floor and level 1, are sized from 105sq m to 438sq m, and offer the perfect space for trades, e-commerce, design, investors and more. Features include 5.2m clearance, three-phase power, full amenities, all weather unloading, 20ft container access and dedicated parking.
The strata storage units on the basement level are sized from 18sq m to 91sq m and provide the ideal space for boats, cars, sports, hobbies, furniture, documents and more. Features include 3.7m clearance, 32a of power, secure 24/7 access, small rigid accessibility and 3m x 3m roller shutters. There are shared bathroom amenities and communal parking.
Mr Sfeir said buyer enquiry for Stream had already been strong, with over $10 million worth of warehouses sold within the first 48 hours of launch.
“The development is very functional, with a robust design with premium finishes, which has drawn buyers in,” he said.
“The natural light achieved through the generous glazing in the warehouses is also a selling point, along with its location.”
Stream Northmead is situated approximately 26 kilometres west of the Sydney CBD and 3.5 kilometres northwest of the Parramatta CBD.
Mr Sobbi said Stream was next to the Westmead Innovation District, providing an exceptional opportunity to invest in a precinct defined by world-class industrial, health, research, education and innovation facilities.
“The location neighbours the Westmead Medical Precinct, the largest health and research hub in Australia, and is close to major amenities such as Bunnings, Coles, Western Sydney University and the upcoming Westmead Light Rail.
“With quick access to the Cumberland Highway, Old Windsor Road, James Ruse Drive, as well as the M2, M4 and M7 Motorways, Stream offers excellent connectivity to Greater Sydney.”
The 12 month construction program is expected to commence in early 2024 with purchasers moving in from early 2025.
Stream Northmead is the latest premium industrial development from Sydney based developer Hannas. Lead by founder and CEO Danny Hanna, the group has recently finished Bluestone Industrial Estate at Greystanes, is in the final stages of construction to the almost sold-out Arc Lane Cove and will commence construction shortly for Rockwater Brookvale.
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