Two well-maintained commercial buildings in Sydney’s Burwood North Precinct acquired by local government for strategic long-term use with Colliers appointed to undertake a leasing campaign to secure tenants
Colliers has sold 31 & 33 Burwood Road, Burwood, a pair of quality commercial office buildings located in Sydney’s thriving Burwood North Precinct to Burwood Council for $17 million.
The transaction was facilitated by James Cowan, Harry Bui, Catherine Scott and Steam Leung of Colliers, on behalf of UniSuper following its merger with Catholic Super in 2022.
The buildings were offered with vacant possession having previously been occupied by Catholic Super and UniSuper. Positioned on a 1,161sqm mixed-use site, the properties feature 2,817sqm of lettable area and 38 car spaces. These buildings will also benefit from the proposed Burwood North Precinct Masterplan which aims to create a people-focused precinct that integrates with the existing community and supports future growth.
“This was a rare opportunity to secure a foothold in one of Sydney’s most progressive precincts. The campaign generated over 141 formal enquiries and 16 inspections, receiving multiple competitive offers and highlighting the market’s strong appetite for quality assets in strategic metro locations,” said James Cowan, Head of New South Wales | Investment Services.
“Burwood Council’s acquisition reflects a broader trend of owner-occupiers stepping in to secure future premises at value points well below replacement cost. The flexibility of the property attracted interest from a diverse range of buyer profiles,” added Catherine Scott, Associate Director | Office Capital Markets & Investment Services.
The sale campaign attracted a diverse mix of buyers including mixed-use developers, medical professionals, gym operators, office users, investors and government entities. Located in a high-growth corridor, the properties are just 600 metres from Burwood Train Station and 200 metres from the future Burwood North Metro Station, part of the Sydney Metro West infrastructure project.
Burwood has been identified by the NSW Government as the first Strategic Centre west of the Sydney CBD, supported by major infrastructure upgrades and a burgeoning commercial and retail environment. The suburb is undergoing a generational transformation with 17 active projects each exceeding $5 million in estimated construction value totalling more than $1.15 billion in capital investment, reinforcing its position as one of the most exciting investment destinations in metropolitan Sydney.
According to Colliers Research, $1.6 billion was deployed in NSW over the year to July 2025 with over 62% of investment activity concentrated in metropolitan markets. Owner occupiers and education providers accounted for 31% of transactions, capitalising on attractive discounts to peak values and securing strategic assets for future use.
Colliers has now been appointed by Burwood Council to undertake a leasing campaign for the site, seeking tenants aligned with the Council’s long term strategic vision. Colliers’ recent activity in the area includes the leasing campaign at 8 Elsie Street and the sales of 55A Shaftesbury Road ($9,020,000) and 48 Burwood Road ($6,438,000), further highlighting demand for quality assets in this evolving precinct.
“The buildings’ open-plan layouts, dual street frontages and proximity to key transport links make them highly attractive to a broad range of tenants. We’re already seeing strong interest from education providers, health services and professional groups looking to establish a presence in this rapidly evolving precinct,” added Harry Bui, Director in Charge | Sydney West.
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