Colliers International media release, 2008-07-22
by Phoebe Miller
Sydney, NSW, Australia
The Smeaton Grange industrial market is set to reap increasing benefits from its positioning at at the gateway to the South West Growth Centre.
Colliers International Industrial Executive Adrian Balderston says the Smeaton Grange Industrial area is in a prime position, bordering the first South West Growth Centre release area of Turner Rd and is close to the other first release area of Oran Park.
“The expanding residential areas at Harrington Park and Mt Annan are providing a steady stream of white and blue collar workers and we only expect this to increase as the growth centre strategy gains momentum,” said Mr Balderston.
He said major companies like Coles Myer, One Steel, Bridgestone, KraMar & Blue Scope Steel are already in the area and he expects the trend to continue.
One of the options facing new occupiers or investors in the area is Ironbark Industrial Park, a large land subdivision owned by Investa.
The flagship environmentally sustainable project is made up of a three-stage 62ha industrial development bisected by a 9.6ha riparian corridor that acts as the main trunk watercourse for both the Ironbark site and the upstream residential developments of Spring Hill and Currans Hill.
Parts one and two are completed, with part three under construction. Mr Balderston said two large users who are signed on to move into the development are P & N Juices and Paul Waklin Motor Group.
Lots start from 2100sq m and are offered for sale on a fully serviced basis with the current owner responsible for the provision of water, electricity and sewer to each individual lot.
Other features of the estate include a walking track along the award winning landscaped riparian zone, 90-place childcare facility and a wide range of other on-site facilities including a gym, squash courts and pool along with other retail services and amenities.
“It is a unique and highly attractive concept to include so many lifestyle benefits in an industrial development like this,” said Mr Balderston. “It demonstrates how the project will service the new growth centre nearby.”
“We’ve found most of the smaller blocks have sold to local owner occupiers who like the idea of being able to be based close to home plus the location and services means they aren’t stuck in a dim factory all day,” he said.
Another option for businesses looking around Smeaton Grange is the Macarthur Industrial Estate owned by St Hilliers.
Mr Balderston said the development which has been finished since the start of the year offers warehousing accommodation ranging in size from 3,650sqm to 22,028sqm with warehouses that can be combined for bigger users and are ready to occupy now, with extremely competitive rents compared to the rest of Sydney.
Features include access for B-Doubles right around property, room for container storage, high clearances and full sprinklered systems.
Mr Balderston recently leased a 4,297sqm warehouse at 145 Hartley Rd Smeaton Grange for $343,760/ year + GST on behalf of Hilhar Pty Ltd to Wannajob Transport Pty Ltd.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 10,092 employees span the world in 267 offices in 57 countries. On a worldwide basis, Colliers manages 672,945,918 square feet, and has revenue of $US 1,620,958,349.
Contact Information
Phoebe Miller
National Communications Manager
Colliers International
Tel: 02 9257 0276
Mob: 0402 547 484
Email: phoebe.miller@colliers.com
back to top
|