Jemena jumps on Wetherill Park site

A large industrial yard in Wetherill Park has been leased to Jemena to expand its Sydney operations.

CBRE’s Janet Joljian, Brendan Wein and Elijah Shaker negotiated the three-year lease over the 4,500sqm site, situated at 449a Victoria Street.

Jemena owns and operates a diverse portfolio of energy assets across the east coast of Australia.

The new site is additional to an existing western Sydney location in Smithfield.

“The yard was leased by Jemena at a rate of $45/sqm gross, reflecting the scarcity of hardstand sites in Wetherill Park,” Ms Joljian said.

The fully serviced site offers main road exposure and is in close proximity to major arterial roads including the M7 and M4 motorways.

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