Press Release

Premium industrial development set to transform the Northern Beaches as Rockwater Brookvale reaches final stages

Sydney

November 18, 2025

Media Contact

Tina Liptai

Senior Communications Specialist, Australia

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With construction approaching completion, Rockwater Brookvale is set to become the Northern Beaches’ most sought-after new industrial estate, as remaining spaces are released to market for owner-occupiers and investors to secure high-quality industrial assets in a supply-constrained sector.

Award-winning developer, Hannas, has appointed CBRE’s Francesco Princi and Richard Casey to manage the sales campaign for the landmark project at 101 Old Pittwater Road, Brookvale, which is scheduled for completion in February 2026.

Rockwater comprises 34 architecturally designed industrial warehouses and 43 storage units, with seven warehouses and 36 storage units still available.

Designed by architecture firm Rothelowman, the estate blends raw materials with premium finishes, abundant natural light and lush landscaping to deliver a new benchmark in industrial design on the Northern Beaches. Spaces range from 11sqm storage units to 260sqm warehouse facilities, offering flexibility for businesses, trades, lifestyle storage and investment purposes.

Hannas CEO Danny Hanna said Rockwater reflects the company’s commitment to redefining the expectations of industrial strata developments.

“Our vision for Rockwater Brookvale was to challenge the traditional blueprint of industrial estates,” Mr Hanna said.

“We set out to create spaces that are not only functional, but architecturally elevated, places that support modern business, enhance daily experience and bring a sense of design integrity rarely seen in this asset class. Rockwater proves that industrial can be innovative, inspiring and future-focused,” Mr Hanna added.

CBRE Director Francesco Princi said Rockwater marked a turning point for the region’s industrial landscape.

“Rockwater is a game-changer, a premium strata estate meeting surging demand in one of the Northern Beaches’ strongest-performing industrial precincts. It sets a new standard for modern industrial design: architecturally refined, highly functional and built for the future of business,” Mr Princi said.

CBRE Senior Director Richard Casey said the development would resonate strongly with both private users and investors.

“This is the Northern Beaches’ most exceptional strata estate, next-generation spaces that deliver performance, presence and long-term value. Opportunities of this calibre in Brookvale are extremely rare,” Mr Casey added.

Pricing starts from $150,000 for storage units, with warehouse prices up to $2.7 million.

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.