RWC(SC) agents Samuel Hadgelias and Nick Ward, appointed by BDO as Receivers, to market 15 Grahams Hill Road Narellan for sale.
In the midst of Sydney's industrial boom, a substantial 5,487sqm industrial gem is up for grabs in south west Sydney, set to change hands this spring.
RWC(SC) agents Samuel Hadgelias and Nick Ward, appointed by BDO as Receivers, are spearheading the sale at 15 Grahams Hill Road, Narellan.
The precinct, renowned for its scarcity and high demand, sets the stage for this offering. Zoned E4 General Industrial and situated on a 5,487sqm site, the building offers 3,428sqm of high clearance warehouse and office space with dual truck access via container height roller doors on Grahams Hill Road and Millwood Avenue.
This coupled with building upgrades such as gantry cranes and significant power and gas supply has increased the functionality of the building.
Mr Hadgelias highlights Sydney's constrained supply and record-low vacancies, driving stakeholders to explore growth potential in less established areas to secure larger land holdings.
"Interest in this offering has been robust. Sydney's limited and expensive land supply has pushed many to explore areas outside the metropolitan scope. Rarely do opportunities arise in this tightly held precinct with such convenient access to major arterial roads such as the M5 and M7, the Northern Road and Camden Valley Way," he said.
According to Mr Ward, the offering's flexibility will draw diverse interest from owner occupiers or investors.
"Acquiring industrial assets of this scale is a rarity in Sydney’s south west and the property is being marketed as ‘vacant possession’ which is generating interest from owner occupiers who have outgrown their current premises and investors looking to capitalise on the incredibly strong occupier market with record low vacancy rates throughout Sydney’s south west," Mr Ward said.
15 Grahams Hill Road, Narellan is for sale via expressions of interest closing Wednesday, 30 October at 12:00PM.
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