Press Release
Industrial warehouse in Silverwater changes hands for $12.2 million
Sydney
November 5, 2025
Media Contact
Senior Communications Specialist, Australia
A Sydney-based owner occupier has acquired a premium industrial warehouse for $12.2 million as the successful bidder at a competitive auction.
Located at 3 Millennium Court Silverwater, the 1,536sqm freestanding warehouse is situated on a 2,131sqm site.
CBRE’s Robert Dowdy managed the campaign for the property and noted strong interest from a range of potential buyers.
“A-Grade buildings like this rarely become available. We received more than 200 enquiries throughout the sales campaign and had 12 registered bidders, a mix of owner occupiers and investors, hotly contesting the auction,” Mr Dowdy said.
Built in 2003, the warehouse features concrete panel construction and is situated moments from Sydney’s major arterial roads providing direct access to Silverwater Road, Parramatta Road, Victoria Road, James Ruse Drove and the M4 Motorway.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.