Limited E4-zoned land drives competitive campaigns in Sydney’s Inner South West
Colliers and CBRE have completed the sale of two industrial assets in Moorebank, 361 Newbridge Road for $17,200,000 and 6 Bridges Road for $10,000,000. These transactions highlight the continued strength of Sydney’s Inner South West industrial market and the scarcity of prime E4-zoned land parcels offering scale, flexibility and connectivity.
The transactions were negotiated by Colliers Colliers’ agents Trent Gallagher, Michael Crombie, and Hamish Miles alongside CBRE agents Shaun Timbrell and Adam Tresidder.
361 Newbridge Road
The property comprises a 5,165 m² freehold industrial building on a substantial 9,942 m² site, strategically positioned in one of Sydney’s most established industrial hubs. Previously leased to Icon Furniture Pty Ltd until September 2025, the asset provides immediate income security and significant value-add potential through rental reversion or future development. Its last-mile location provides direct access to the M5 Motorway, Liverpool CBD and Western Sydney International Airport.
“361 Newbridge Road is one of the few remaining large-scale opportunities in Moorebank, offering a substantial site with true last-mile connectivity to major transport infrastructure. In a market defined by scarcity and strong demand, securing E4-zoned land of this calibre is increasingly rare. This property provides a unique combination of development potential, rental growth prospects and future owner-occupation attributes that are exceptionally hard to find in today’s industrial landscape.” Trent Gallagher, National Director | South Sydney
The sale achieved a land rate of over $1,700/m², reinforcing the strength of the Inner South West industrial market where tenant demand from manufacturing and logistics operators remains strong.
6 Bridges Road
The adjoining property at 6 Bridges Road comprises a 1,403 m² industrial building featuring two 5-tonne gantry cranes, multiple 500kg wall-mounted jib cranes and an expansive yard component on a 6,393 m² site. The asset’s prime E4 General Industrial zoning and proximity to key transport infrastructure including the M5 Motorway, Liverpool CBD and Western Sydney International Airport made it highly sought after.
The property was sold for $10,000,000 to JB Specialised Engineering Pty Ltd, the sitting tenant to secure long-term operational certainty. The campaign saw strong enquiry with four qualified bids and a competitive second-round process.
“The sale of 6 Bridges Road reflects a clear trend in the market, owner-occupiers are increasingly choosing to purchase rather than lease, particularly when strategic assets become available. In this case, the buyer was the sitting tenant and former owner, moving decisively to regain control of the property and secure long-term operational certainty.” Hamish Miles, Associate Director | Sydney South West.
“With low site coverage and flexible zoning, this asset attracted strong interest, underscoring the urgency and competitiveness driving industrial transactions in Sydney’s Inner South West,” said Michael Crombie, Director In Charge | South Sydney.
The sale achieved a building rate of $7,127/m² and a land rate of $1,564/m², further underscoring the strength of the market.
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