Owen White and Peter Vines of RWC Western Sydney have been appointed by Charter Keck Cramer & Telstra Corp to facilitate the divestment of one of the last remaining industrial land parcels in Arndell Park.

Rare Opportunity to Acquire Corner Industrial Parcel

This offering represents one of the final remaining industrial parcels in Arndell Park, presenting an exceptional opportunity for astute developers to acquire a land parcel in one of Western Sydney’s most coveted industrial precincts. With a significant shortfall of industrial land, this parcel is strategically positioned for development in a highly sought-after area.

Peter Vines, Managing Director at RWC Western Sydney emphasised the advantages of the location: "Arndell Park is central to all major arterial roads, and offers great connectivity making it an attractive location for operators seeking efficient distribution and logistics operations."

Favourable Leaseback Terms

The remaining vacant parcel will include a 2-year triple net leaseback to Telstra Corp, providing prospective developers and owner-occupiers with substantial holding income.

Owen White, RWC Western Sydney's Industrial expert highlights the site's strategic benefits “The leaseback arrangement not only provides stable cash flow, which is especially advantageous during the planning process, but also serves to mitigate holding costs and alleviate financial burdens associated with lodging a development application”.

The industrial market has emerged as the top-performing commercial asset class over the last five years, driven by robust demand, primarily fuelled by the expanding online retail sector and private enterprise growth. The increasing need for storage, logistics, and distribution facilities has propelled this sector forward.

Despite recent market fluctuations, the underlying strength of the industrial market remains intact. The ongoing necessity for businesses to utilise these assets ensures their continued performance and resilience in the long term. Sydney’s Central and Outer West regions have led the nation in returns, setting a benchmark for the industrial market’s success across Australia.

“The site offers a huge opportunity to secure one of the last undeveloped lots in the precinct.” Vines says.

“Land parcels of this size are truly rare to find.” White says.

For additional information or to express interest, contact RWC Western Sydney via the contact details below.

The property will be offered for Auction, onsite Wednesday 13th March 2024 at 2:30pm.