This transaction reflects ongoing strength in logistics corridor
Colliers has successfully sold a 30,050 sqm industrial-zoned landholding at 143 Dickson Road, Leppington for $13.5 million, underscoring continued strength in South West Sydney’s logistics corridor.
The property was offered on behalf of the NSW Government and attracted strong interest from institutional investors, owner-occupiers and developers seeking scale in one of Greater Sydney’s most active industrial markets.
The campaign was managed by Colliers’ Trent Gallagher, Joe Sacco and Adrian Balderston, generating six registered bidders and 12 competitive bids, underscoring the depth of demand for well-located industrial land in proximity to major infrastructure.
“This result reinforces the premium being placed on industrial land near Western Sydney Airport and major arterials. Opportunities of this scale and zoning flexibility are rare and buyers are acting decisively when they arise,” said Trent Gallagher, National Director, Property Sales & Leasing | Industrial & Logistics.
“The level of competition highlights strong appetite from both private and institutional groups. Each recognised the long-term value of scale and connectivity in this precinct which continues to underpin confidence in South West Sydney,” added Joe Sacco, Director, Sydney Metro Sales | Investment Services.
“The auction attracted exceptional engagement throughout the campaign, culminating in 12 competitive bids. It’s a clear indicator that South West Sydney remains one of the most active and resilient industrial markets nationally,” added Adrian Balderston, National Director | Industrial & Logistics.
According to Colliers research, South West Sydney accounts for 24% of Sydney’s total industrial stock, with demand for well-positioned land continuing to outpace supply. This transaction follows other strong outcomes in the region, including Colliers’ recent auction of 55 Eastwood Road, which achieved more than $10 million, reinforcing confidence in the market’s long-term fundamentals.
Related Articles
