to Search BACK

Industrial Market Looking STRONG for 2014 along M5 Corridor…..

Leased and Sold industrial property

Industrial Market Looking STRONG for 2014 along M5 Corridor…..

1,077sqm – 10/100 Belmore Road, Riverwood NSW 2210

After approx 24 months of low activity levels, the Industrial Strata market is finally showing signs of a firm recovery in 2014.

Mr Ammoun says “54 Beach Street Kogarah is a prime example of this increase in consumer confidence.

This small Industrial Strata complex featuring 31 units has been actively marketed since Strata registration in 2010. Although there has been plenty of interest, we had only been able to secure 7 sales from December 2010 to September 2013.

Following the 2013 Federal Election in September 2013, we have witnessed a district increase in activity securing x4 sales within an 8 week period with a further x2 negotiations.”

Mr Biner of M5 Industrial confirmed that he is currently working with two developers in the Canterbury and St George region who are looking to begin construction on land that they have held for a number of years waiting for better times.

A mixture of low interest rates, booming residential sector, stable Government and a general lack of competing stock will be the winning formulae for Sydney’s Industrial M5 Corridor in 2014….

If you have any requirements or wish to discuss your property, please don’t hesitate to contact the M5 Industrial Team.

Office: 02 9503 1200

sold leased

Did you like this? Share it: