- Airfoil have owned the site since 1976
- Warehousing occupies 10,000sqm of the site
- CBRE have been appointed to manage the sales campaign
A 20,983sqm industrial site in Chipping Norton, near Liverpool in Sydney’s south-west, is up for sale, having been built up the same family-owned business for 45 years.
The four titles at 119-131 Newbridge Road currently owned by ventilation product manufacturer Airfoil is expected to sell for over $25 million.
Airfoil is moving to a larger location with the site being zoned as IN3 – Heavy Industrial zoning. It is directly opposite the Georges Cove and Moorebank developments by Mirvac along the banks of the Georges River and near major urban renewal projects in the Liverpool City council area.
Currently, the warehousing occupies approximately 10,000sqm of the site, which is currently offered for sale with a short-term leaseback.
Keegan Ridings, Omsman Omar and Andrew Sukkar of CBRE have been appointed to handle the sales campaign.
“An industrial development opportunity of this scale is a rarity in Sydney’s inner south-west, a highly sought-after area,”
“This is a large, well-connected site with considerable potential and we’re expecting significant investor and developer interest to reflect that.
“This stretch of Newbridge Road is traversed by 45,000 cars each day, and will be transformed by the Georges Cove and Moorebank Marina projects in the years ahead.”
Keegan Ridings, CBRE
The site has 120 metres of frontage on Newbridge Road with additional frontage on Pat Devlin Close. Nearby is access to the M5 Motorway and Hume Highway. Additionally, Liverpool will be close to Sydney’s second international airport at Bdagery Creek, which is scheduled to be opened in 2026.
“Developments such as the new Western Sydney International Airport underline Liverpool’s growth and standing as Sydney’s third CBD,”Mr Omar added.