Press Release

Western Sydney industrial asset with secure income and future occupation upside hits the market

Sydney

August 28, 2026

Media Contact

Tina Liptai

Senior Communications Specialist, Australia

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The opportunity to acquire a recently renovated industrial asset in Arndell Park is expected to appeal to a range of investors seeking secured industrial income paired with a genuine pathway to future occupation.

CBRE’s John Micallef, Brendan Wein, and Matthew Alessi are managing the sale of 2 Holbeche Road, via an Expressions of Interest campaign.

Sitting on a 9,765sqm site, the 4,969sqm facility was recently upgraded through a major renovation and extension.

Mr Micallef noted the current tenancy underpins the asset’s appeal, with the national covenant lease delivering income certainty until 30 June 2027 with a six-month option to extend, allowing purchasers the ability to occupy thereafter or access substantial rent reversion.

 “Assets of this size are rarely offered for sale in core precincts such as Arndell Park,” Mr Micallef said. 

“We've already had significant interest from both owner occupiers and investors, many of whom have been looking for assets of this size for 12 months or more. The passing income increases the attraction to both groups, allowing the sale as a Going Concern and appeasing their financiers,” he added.

Positioned on a corner landholding with three street frontages, the fully sprinklered freestanding facility offers internal clearances of up to 9.2 metres, four roller doors covered by a large awning, a 400sqm ground floor office with corporate presentation, and a wide concrete forecourt built for efficient truck movement. 

Mr Wein said, “Investors are far more selective than 12 or 18 months ago. Nobody’s chasing yield in isolation anymore, they want quality assets in land-constrained precincts.”

The site’s E4 General Industrial zoning supports a broad range of uses, adding to its appeal across both investment and occupier profiles.

Corner exposure to Doonside Road and Holbeche Road gives the property strong street presence, while its position minutes from the M4 and M7 Motorways, and with direct access to the Great Western Highway, places it firmly within one of Western Sydney’s core logistics corridors.

The Expressions of Interest campaign closes Thursday, 24th September 2026 at 2.00 PM (AEST). 

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 and a premier provider of critical infrastructure services. The company has more than 155,000 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, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.