Located at 93 Mandoon Road, the substantial industrial asset comprises two heavy manufacturing facilities across an 8,095sqm landholding with a combined building area of 4,550sqm.
The sale reflected a strong underlying land rate of approximately $1,988 per square metre, highlighting continued demand for functional industrial assets across Western Sydney.
The property generated significant interest throughout the campaign, attracting multiple offers from both local occupiers and groups from outside the area seeking scale and long-term expansion opportunities.
Marketing agent Owen White said the result reinforced the ongoing depth of demand for quality industrial stock in the region.
“Properties of this scale and functionality in Girraween are incredibly difficult to secure,” Mr White said.
“The campaign attracted a broad range of buyers, particularly larger occupiers looking to future-proof their operations in a market where opportunities to acquire substantial infill industrial assets are becoming increasingly scarce.”
The property offered a unique combination of immediate utility and future flexibility, featuring high power supply, overhead cranes, and strong internal functionality suited to heavy manufacturing and industrial users.
Despite one of the facilities being leased on a further five-year term, the campaign generated surprisingly strong interest from owner-occupiers seeking the ability to occupy part of the site immediately while planning for future expansion.
Peter Vines from RWC Western Sydney said the transaction demonstrated the continued appetite for strategic industrial holdings with both income and occupation upside.
“What stood out during this campaign was the level of occupier demand despite the existing lease profile,” Mr Vines said.
“Buyers were highly attracted to the flexibility of the asset - the ability to secure holding income today while also controlling future occupation requirements was a major driver throughout the process.”
Mr Vines added that demand for comparable industrial opportunities across Western Sydney remains extremely strong.
“We are currently working with multiple qualified occupier groups actively searching for sites of similar scale throughout Western Sydney,” he said.
“The lack of available stock continues to place upward pressure on pricing for well-located industrial assets with strong functionality and expansion potential.”
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