Record rate achieved in Outer South West Sydney by Colliers

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Nov 19, 2024

Record rate achieved in Outer South West Sydney by Colliers

6 Hepher Road, Campbelltown leased, achieving a record rate in Outer South West Sydney for buildings above 5,000sqm to date in 2024, brokered by Angus Urquhart and Hamish Miles of Colliers.

Colliers

6 Hepher Road Campbelltown leased by Colliers

In a significant off-market transaction, Angus Urquhart and Hamish Miles of Colliers have successfully brokered 6 Hepher Road, Campbelltown, achieving a record rate in Outer South West Sydney for buildings above 5,000sqm to date in 2024.

6 Hepher Road became available for lease in early Q3 2024 and Colliers recognised the opportunity, swiftly securing a new national steel occupier via an off-market approach by October 2024. The subject property boasts exceptional and purpose-built features that are hard to come by in the current market which include cranes, high power capacity, ample internal clearance, and a hardstand area.

In addition, the site provides unparalleled connectivity to Greater Sydney through its close proximity to key transport routes, further enhancing the site’s appeal to businesses looking for a new hub to expand their operations in Greater Sydney.

“The new occupier was attracted to the facility’s exceptional features including heavy-duty cranes, high power capacity, ample internal clearance, ESFR sprinklers, and generous hardstand area. Its proximity to key arterial road networks such as the M5 Motorway, Macarthur Intermodal, and M5/M7 Interchange makes the site the ideal choice for businesses looking to expand their operations within the Sydney market,” Mr Miles said.

“Data is always at the forefront of our strategy which enables us to secure maximised results. By leveraging our market-leading database, we are able to provide real time strategic advice, comprehensive tracking of the market, and target additional opportunities, which ultimately resulted in the swift, seamless, and significant transaction, further highlighting Colliers’ point of difference,” according to Mr Urquhart.

“This attractive freestanding building garnered heightened interest from a range of manufacturing occupiers who saw major value in the generous hardstand and various heavy-duty cranes throughout the facility. We are pleased with the outcome where we secured the occupier on a long-term lease and with minimal downtime between tenants, whilst achieving the highest lease rate in outer South West Sydney for buildings above 5,000sqm in 2024,” Mr Miles added.