SYDNEY, October 26, 2023 – High-end private developer, Belvoir Property is bringing its latest project, ‘Podium’ in South Western Sydney to market. The multi-level development consists of a mixture of industrial factories, self-storage units, specialty take away food/beverage and an 80-place childcare centre. With the weight of demand in the market and a current undersupply of modern industrial units fueling the campaign, the development located at 36 Turner Road, Smeaton Grange is set to receive great interest from small business occupiers as well as new investors to the commercial property sector.
Cushman & Wakefield National Director, Industrial & Logistics, Fab Dalfonso and Executive, Kieran Tsipidis, have been exclusively appointed by Belvoir Property to manage the sales campaign.
Cushman & Wakefield’s Fab Dalfonso, said “We expect this development to cater to the pipeline of investors searching further South due to the record low vacancy seen in Sydney’s West. As the Western Sydney Airport and a number of other major infrastructure projects take shape, we expect that shift to gain further momentum. With limited new supply, rents in these locations have continued to track upwards.
Cushman & Wakefield’s Kieran Tsipidis, said Podium is a state-of-the-art multi-level industrial development.
“Podium is truly in a class of its own and has something for all industrial occupiers. In particularly, meeting the demands of the market for food processing facilities by supplying modern units with gas and grease traps is rarity in today’s market. Further to a scarcity of industrial land, this is the latest in the trend towards multi-level estates.”
Podium allows for Heavy Rigid vehicles to flow through between Anderson Road to Turner Road, further highlighting its versatility and functionality.
Construction is on track to commence in early November. For more information, please visit https://podiumbybelvoir.com.au/
