ASX Top 20 Company to sell flexible commercial property in major business park31 January 2024
A notable commercial property within the core Norwest Business Park precinct has come to market on behalf of Telstra.
Providing a blank canvas for an array of commercial opportunities, the site at 32 Brookhollow Avenue in Baulkham Hills is ideal for occupiers, developers and investors alike.
Most recently utilised as a telecommunications service centre, the property is zoned SP4 Enterprise and provides the potential for an office, childcare, medical, retail or boutique hotel (STCA), light industrial as well as other uses.
The property is listed for sale through the Colliers team of Paul McGlynn and Jordan McConnell.
“Located almost directly opposite the Norwest Metro Station and with direct links to the Sydney CBD, the property is situated close to multi-national corporations and organisations, with over 400 companies and businesses. This is an incredibly rare opportunity of this size and price point as the minimum lot size is typically 8,000sqm within the business park” Mr McGlynn said.
“Baulkham Hills is surrounded by infrastructure initiatives and invites strong buyer interest due to
the rapid growth and future prospects of the region,” Mr. McConnell added.
The Norwest Business Park is a major business community that has a focus on amenity, supermarkets, childcare, medical centres, cafes and hotels, making a premium location to both work and live.
Developer Mulpha is planning a $3 billion transformation of Norwest Business Park, set to deliver apartments, retail space and commercial towers. There are strong public transport links with the Metro and bus stations, as well as the M7 Motorway providing direct access to the Sydney CBD.
32 Brookhollow Avenue, Baulkham Hills is being offered for sale via on site public auction on Wednesday 6 March.