Mount Druitt industrial asset leased off-market

A modern warehouse and office industrial facility owned by ESR Australia & NZ has been leased to Sydney Reo Supplies on a five-year term, reflecting the ongoing appeal of well-specified assets in Western Sydney’s tightly held industrial precincts.

The transaction was negotiated off-market by CBRE’s Brendan Wein and Matthew Alessi.

Mr Wein noted the incoming tenant was drawn to the asset’s corporate presentation, existing office fit-out and highly functional warehouse configuration, together with availability that aligned with operational requirements.

“This result highlights the depth of demand for modern, well specified industrial facilities in Western Sydney. Occupiers are acting decisively to secure quality space, particularly where assets offer clearance, power and operational efficiency,” Mr Wein said.

The 3,784sqm facility at 1/98 Kurrajong Avenue, Mount Druitt, features high internal clearances of up to 12.15 metres, an ESFR sprinkler system, and efficient access via four on-grade roller doors, including a 6-metre awning.

The asset is further enhanced by two gantry cranes and strong power supply, supporting a range of industrial and manufacturing operations. Mr Alessi added, “Mount Druitt remains a tightly held industrial precinct. Assets of this calibre with quality manufacturing attributes continue to lease strongly, supported by limited competing supply.”