Strategic investors are snapping up land parcels in Sydney’s future industrial hotspots, according to Knight Frank agents. On the back of the NSW Government’s extensive infrastructure upgrades, key parts of Sydney are being unlocked, resulting in a rush by investors to get in on the ground floor ahead of a new industrial boom.

Sydney’s North West is experiencing the biggest uplift in activity, with investors looking to the Marsden Park, Rouse Hill and Box Hill precinct, predicting it will become a key part of the Sydney industrial market in addition to housing expansive population growth.

Knight Frank’s Director, Industrial, NSW, Matthew Lee, said the increase in investor activity is a direct result of the Government’s infrastructure investment.

“We’ve experienced a surge of investment interest in the North West recently due to the upcoming infrastructure upgrades. The combination of the M9 and M12 motorways, in addition to upcoming rail infrastructure, is really going to unlock land around the Marsden Park, Rouse Hill and Box Hill precinct. Increased access will position this area as a prime location for logistics and transport, with the potential to turn it into one of Sydney’s key industrial centres.”

The two major infrastructure projects currently under construction in North West Sydney include Sydney Metro Northwest and the NorthConnex tunnel projects. The Northwest Sydney Metro is one of Australia’s biggest transport infrastructure projects, which will deliver eight new stations across North West Sydney connecting Rouse Hill to the existing Chatswood railway.

The NorthConnex project will deliver a 21km tunnel for motorists between the M1 Pacific Motorway and the Hills M2 Motorway. This will provide a much-needed overhaul for the North West, easing congestion and supporting the North West Priority Precinct experiencing unprecedented development.

Mr Lee said, “Minchinbury is another key location investors should look out for. Right now it’s a sleepy little market, but the upcoming infrastructure will turn this into an ideal location for logistics. We’re already starting to see land subdivisions in Minchinbury and expect activity to ramp up in the very near future.”

Other developments will see Sydney’s dependence on Port Botany for container freight easing, with the expansion of the Moorebank Intermodal (IMT) and the recent announcement of a joint venture redevelopment of the Enfield Intermodal (EI). Upon completion, the IMT will reduce freight traffic along key arterial roads via the dedicated rail freight line, whilst the EI will provide warehouse facilities of 2000sqm – 60,000sqm with direct access to the intermodal. These developments are expected to positively impact industrial demand in Inner and South West Sydney as businesses move to capitalise on the potential benefits of rail based container movements.

Looking further ahead, Knight Frank’s Research Analyst, NSW, Marco Mascitelli, said businesses are starting to consider strategic positioning near the new Western Sydney Airport.

“Despite being ten years off completion, we’re already noticing investors making a play for land near the Western Sydney Airport. Changes here will be slow moving as the pace of servicing will dictate growth in this area, but it’s clear demand will increase in the coming years as investors look to gain a foothold in this region.”

The new Western Sydney Airport, set to open by 2026, will become a major economic driving force for the Western Sydney region. The airport will generate approximately 30,000 new jobs once open and rejuvenate the Outer Western suburbs of Sydney. On the back of this, the industrial sector will benefit from a newly formed industrial precinct which will service the airport in conjunction with 3PL, online retailers and transportation providers, benefiting from easier access and closer proximity to air freight.

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For further information, please contact:

Rebecca Sands, Associate Director, PR & Communications, Australia

Matthew Lee, Director, Industrial, NSW

Marco Mascitelli, Research Analyst, NSW

Notes to Editors