The construction of 36 industrial units in Sydney’s North Rocks is complete and ready to welcome businesses to the city’s greater western region.
Herald Sun
‘Growth and prosperity’: Business hub signals confidence in suburb | Hearldsun.com.au
The strata titled units are strategically situated in an industrial pocket just 6km north of Parramatta to encourage commercial investors to take their business there. The complex is largely pre-leased and sold and will become a diverse hub for local trade.
The project, co-funded by Banner Asset Management, was developed by Maylands Property in partnership with JCP Construction and Development. The site previously held five dated industrial unit complexes, four of which have been demolished and the other completely refurbished, making way for the fit-for-purpose development.
The completed development consists of 29 commercial spaces, seven storage units, and a two-level underground parking facility. Twenty-three units have a mezzanine level included, contributing to the versatility of the space and maximising storage capacity.
Nick Lakin, Chief Lending Officer at Banner Asset Management, said:
These commercial spaces will no doubt attract investment to the North Rocks region, and owners and tenants occupying these assets will reap the rewards of a flexible space and convenient purpose-built infrastructure.
Jonathan Pearce, Director of Maylands Property, said:
This new industrial complex brings valuable commercial spaces to Sydney’s greater west. In partnership with Banner Asset Management and JCP Construction, we have delivered what I believe is an outstanding project that will bring many benefits to North Rocks and the broader Parramatta area.
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