The property, located at 119-131 Lenore Drive, Erskine Park, spans approximately 2 hectares of undeveloped industrial land.
RWC SC agents Nick Ward, Leslie Li and Samuel Hadgelias are managing the same of the Western Sydney land parcel, with price expectations set to exceed $20 million.
This site, held by the family for 70 years and originally purchased from James Erskine by members of the same family forms part of a deceased estate and represents one of the final large-scale development opportunities in the heart of one of Australia’s most sought-after logistics hubs.
Nick Ward said that he is expecting the site to generate strong interest due to the flexibility of the offering and its exceptional strategic location.
“Erskine Park’s strategic location and proximity to major arterial roads serving both Sydney and interstate regions has made it one of Sydney’s premier logistics locations and one of Australia’s most tightly held institutional-grade investment markets,” Mr Ward said.
“Western Sydney’s critical shortage of industrial land supply, coupled with the fact this site is one of Erskine Park’s last developable sites of scale, means we expect this incredibly rare offering will attract significant interest from local and offshore industrial landlords as well as occupiers looking to expand their presence in Western Sydney.”
Erskine Park is renowned as an institutional-grade industrial precinct, benefiting from excellent infrastructure and seamless connectivity to major transport routes.
As one of Australia’s best-performing industrial markets, Western Sydney continues to attract substantial interest from investors, both domestically and internationally.
“The site's expansive size, prime location and exposure to Lenore Drive supports strong future demand from occupiers, presenting an invaluable prospect for developers and investors alike” Samuel Hadgelias said.
“Opportunities like this are few and far between. The property’s long-held ownership and its position as one of the last remaining developable parcels in this precinct make it highly attractive to a wide range of buyers,” Leslie Li said.
With industrial land in Western Sydney being critically scarce, this landmark site is expected to generate considerable interest from major industrial landlords and retail brands based locally and offshore.
