Warehousing Logistics News

Multi-level property leasing in Sydney, Southwest 

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Colliers’ group of Angus Urquhart and Trent Gallagher are leasing a multi-level property with LJ Hooker’s Jon Orsborn and Ryan Jennings for Hale Capital in Sydney’s South West. 

The whole 37,526 sqm space at 339 and 349 Horsley Road in Milperra is set to offer occupiers an extraordinary opportunity with functional slopes and one-way traffic dissemination ready to oblige B-Double admittance to the two levels, and 30 m wide enclosed patios for covert all-weather conditions stacking. 

“This is the first development of its kind in the immediate area and further reinforces the demand for prime industrial space within the inner South West. 

“The inner South West is lacking vacancy with many major tenants becoming displaced or having to renew within secondary facilities,” said Angus. 

This multi-level industrial advancement in Milperra is the very first to be placed available for lease. 

Sydney’s South West industrial and logistics market has been one of the most grounded performers across Australia – notes Colliers – helped areas of strength for by development, interest in foundation and relative moderateness compared to regions nearer to the CBD. 

“The Inner South West market is starved of A-grade warehousing and Hale Capital’s development will fulfil these requirements thanks to their large market-leading multi-level site,” said Jon. 

The region is still fundamentally kept from brand accessibility and the Platform improvement will be quick to emerge from the beginning, Altitude offers occupiers a fresh new institutional grade offering and assists ease tight opportunity with rating. 

The general vacancy rate inside the district gauges at present sits at 0.5 percent for Q3 2023, making it quite possibly the tightest market in the country. 

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