Industrial Site With Development Potential Snapped Up For $14m

An industrial property in the inner south western suburb of Padstow, Sydney featuring 36,850 square metres of building space on a six hectare block has sold for $14 million.

Purchased by Nick Miles Holding, the property located at 35 Bryant Street has potential for development.

The block holds a strategic position in the thriving inner south western and was sold through

Colliers International, having been previously owned by

Lincoln Electric Company.

The property offers medium height warehousing with access via docks and on-grade doors, fully sprinklered building, multiple gantry cranes if required, huge power supply, functional office and ample on site parking.

This property is currently going to be refurbished to give a modern corporate appearance and then will be offered for lease.