Fund through of two industrial warehouse facilities totalling 30,000 sqm for leading air conditioning company.

The development involves the acquisition of 25.28 acres (103,000sqm) of Light Industrial zoned IN2 raw land within the Marsden Park Industrial Precinct for subdivision into 3 individual sites.

Two warehouse buildings are being purpose built for Actron Air a leading manufacturer of Air Conditioning equipment. The sites comprise an area of 13.6 acres with the main warehouse building of 25,000 sqm and a second smaller building of 6,300 sqm to be held by Actron for investment with flexibility to provide for future business expansion as required.

The site lies in the heart of Sydney Business Park which is expanding rapidly on the back of substantial investment with occupiers including Costco, Ikea, Aldi, Masters, Bunnings, Lindt, Toll Holdings and a range of support activities including retail, childcare and fitness adding to the benefits the location has to offer.

Location

Marsden Park

Value

$50m

Status

Current Project

Date_anticipated

February 2018