 |
 |
|
The Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer. |
Listen to many more |
The client was the Owner of a Sydney based manufacturer who were seeking a new industrial warehouse to expand their operations. They have been renting a warehouse along the M5 corridor for a few years and the goal was to purchase an Industrial warehouse of around 1000m2 + external yard and with specific requirements of IN1 zoning, parking and height, ideally with a budget around $5.5m. After an extensive 6months search across Sydney, I uncovered the ideal off-market opportunity – an industrial warehouse in Milperra with a solid structure. We inspected the property while still off-market which, ticking all the boxes for our client, I instantly knew it was the one. The property is perfectly located in a tightly held IN1 zoning in Milperra, it has 1000m2 warehouse + yard and ample onsite parking, up to 8m high ceiling for storage. With super high demand for industrial property in south-Sydney sector – the volume of listings is extremely limited making buying conditions very competitive. We swiftly inspected, conducted DD and I managed to negotiate the ideal terms for our client and a price of $5m (under the client’s budget). The property will be accommodating the client’s business for the next 20 years or more and it is also a great investment for the future.
3 Beds 
1 Bath 
1 Car
Ready to find the
Right property?
Get an expert in your corner.
Tell us your requirements in the short Property Brief to be matched with one of our expert buyers’ agents who specialize in that area. Once you’ve hit send, we will review the Brief and arrange a consultation to discuss your details and the next steps. Please note the first consultation is obligation-free.
