Industrial Space for lease in Sydney

How much does it cost to rent an industrial space in Sydney?

The cost of renting industrial space in Sydney can vary significantly depending on several factors, including the location, size, and specific features of the property. Generally, industrial spaces closer to the central business district or major transport hubs tend to command higher rents due to their strategic advantages. Areas like Alexandria and Mascot, known for their proximity to Sydney Airport and the Port Botany, often have higher rental rates. Meanwhile, suburbs like Prestons and Campbelltown, which are slightly further from the city center, may offer more competitive pricing. It's important for businesses to consider their logistical needs and budget when selecting an industrial space in Sydney.

To read: Our Sydney MarketBeat Industrial report examines quarterly economic and commercial real estate activities, covering supply, demand, and pricing trends across both market and submarket levels.

Are industrial space rents likely to increase in Sydney?

Industrial space rents in Sydney have shown a trend of gradual increase over the years, driven by factors such as demand for logistics and distribution centers, e-commerce growth, and limited availability of prime industrial land. As Sydney continues to expand and develop, the demand for strategically located industrial spaces is expected to rise, potentially leading to further rental increases. However, market conditions can fluctuate based on economic factors, government policies, and changes in industrial trends. Businesses looking to lease industrial space in Sydney should stay informed about market dynamics and consider long-term leasing options to mitigate potential rent hikes.

What are the benefits of leasing industrial space in Sydney?

Leasing industrial space in Sydney offers numerous benefits for businesses. The city's strategic location provides easy access to both domestic and international markets, facilitated by its proximity to major transport infrastructure such as Sydney Airport and Port Botany. Sydney's robust infrastructure, including well-developed road and rail networks, ensures efficient logistics and distribution operations. Additionally, Sydney's diverse industrial neighborhoods cater to various business needs, from high-tech manufacturing in Alexandria to large-scale warehousing in Wetherill Park. The city's strong economy and skilled workforce further enhance its appeal as a prime location for industrial operations. By leasing industrial space in Sydney, businesses can capitalise on these advantages to optimise their operations and drive growth.

Popular suburbs in Sydney

Sydney boasts several popular neighborhoods for industrial and warehouse operations, each offering unique advantages:

• Alexandria: Known for its proximity to Sydney's central business district and major transport hubs, Alexandria is a prime location for businesses seeking high-tech manufacturing and logistics facilities. The area is characterized by modern industrial parks and excellent connectivity to the airport and port.
• Seven Hills: Situated in Sydney's northwest, Seven Hills is a well-established industrial precinct offering a mix of manufacturing, distribution, and warehousing facilities. The area benefits from its access to major highways and public transport options.
• Botany: Located near Port Botany, this neighborhood is ideal for businesses involved in import/export and logistics operations. Botany offers excellent access to shipping routes and is home to a range of industrial properties catering to diverse business needs.
• Prestons: As part of the rapidly growing southwest Sydney region, Prestons provides ample space for large-scale warehousing and distribution centers. The area is well-connected to major motorways, making it a strategic choice for logistics-focused businesses.
• Campbelltown: Known for its affordability and availability of large industrial sites, Campbelltown is an attractive option for businesses looking to establish a presence in Sydney's outer suburbs. The area offers a mix of manufacturing and warehousing facilities.
• Parramatta: Often referred to as Sydney's second CBD, Parramatta is a bustling commercial hub with a growing industrial sector. The area offers a range of industrial spaces, supported by excellent public transport and road networks.
• Mascot: Close to Sydney Airport, Mascot is ideal for businesses requiring quick access to air freight services. The neighborhood features modern industrial facilities and is well-connected to the city's transport infrastructure.
• Moorebank: Known for its intermodal terminal, Moorebank is a key logistics hub offering seamless connectivity between road and rail transport. The area is suitable for businesses involved in freight and distribution operations.
• Smeaton Grange: Located in Sydney's southwest, Smeaton Grange offers a mix of modern industrial estates and greenfield sites. The area is popular with businesses seeking cost-effective warehousing and manufacturing solutions.
• Wetherill Park: As one of Sydney's largest industrial precincts, Wetherill Park provides a wide range of industrial properties, from small units to large warehouses. The area is well-served by major roads and public transport, making it a convenient choice for various industrial activities.

Getting to and from Sydney

• Air Travel: Sydney Kingsford Smith Airport is one of the busiest airports in Australia, offering both domestic and international flights. Its proximity to key industrial areas like Mascot and Botany makes air travel a convenient option for businesses involved in import/export and logistics. The airport is well-connected to the city center and surrounding suburbs via major roads and public transport services, ensuring seamless travel for business professionals and freight operations.
• Rail Travel: Sydney's extensive rail network provides efficient connectivity across the city and its suburbs. The network includes freight rail lines that facilitate the movement of goods to and from industrial areas. Key industrial neighborhoods such as Parramatta and Moorebank benefit from proximity to major rail lines, offering businesses an alternative mode of transport for their logistics needs.
• Road Travel: Sydney boasts a comprehensive network of motorways and arterial roads, making road travel a vital component of the city's transportation infrastructure. Major highways like the M5, M7, and M4 connect industrial precincts such as Prestons, Wetherill Park, and Seven Hills to the rest of the city and beyond. This extensive road network ensures efficient movement of goods and services, supporting the logistics and distribution sectors.
• Bus Travel: Sydney's public bus network complements the rail system, providing additional connectivity across the city. Industrial areas are served by numerous bus routes, facilitating easy access for employees and business partners. The integration of bus services with other modes of transport ensures comprehensive coverage and convenience for daily commuting.