Substantial industrial land parcel at 1 Water Street, Werrington for sale through Peter Vines, Victor Sheu and Owen White of RWC Western Sydney.
The industrial market across the country has enjoyed record levels of returns over the past five years due to the increased demand for larger distribution and logistics assets given the uptick in online retail trade. According to the Ray White Commercial Industrial Insights Report, Sydney’s West represents over 95% of all undeveloped industrial land in Sydney, with the Penrith and Liverpool LGAs earmarked for future development.
RWC Western Sydney announces an unprecedented opportunity in the industrial real estate market with the listing of a substantial land parcel at 1 Water Street, Werrington.
Peter Vines, Managing Director at RWC Western Sydney commented on the market appetite: “Given the scarcity of industrial land within the region, especially of this magnitude, we anticipate a strong market reception. This listing aligns perfectly with the strong demand for industrial land prompted by the anticipated economic boost from the Western Sydney Airport."
Owen White, RWC Western Sydney's recently acquired Industrial expert, emphasised the site's strategic benefits: “With the Western Sydney Airport only 12.6km away, the property’s location offers a remarkable upside for investors. Such opportunities are rare and we expect significant interest.”
Victor Sheu added to the conversation, highlighting the site's potential for various scales of business: “With confirmed zoning and excellent access to major roads, the site is an ideal match for larger-scale enterprises.”
The 30,900sqm land parcel represents a significant 16% of the total industrial land within the Werrington precinct. With sought after E4 General Industrial Zoning, located strategically close to the Great Western Highway and within easy reach of the M4 and M7 Motorways, the site stands as a critical hub within the M4 corridor, set to benefit from direct connections to the Western Sydney Airport.
The broader industrial market's outlook reinforces the significance of the 1 Water Street offering. With record returns driven by a surge in demand for logistics assets, and an average annual growth rate of 32.8% over the past three years, the region's industrial market is thriving.
The listing of 1 Water Street, Werrington, is not just a land sale; it's an invitation to invest in a region experiencing transformative growth. With 176 industrial projects in the pipeline, set to deliver over 5.2 million sqm of new industrial space, this parcel is a strategic asset in Sydney's industrial expansion.
For additional information or to express interest, contact RWC Western Sydney via the contact details below.