Success for Colliers as 24 Bosci Road, a freestanding industrial facility, sells under the hammer in Sydney’s booming South West.
24 Bosci Road was successfully sold by John Tsoutsa and Angus Urquhart of the Colliers’ South West Sydney office on behalf of Opac Pty Ltd.
The asset was brought to market via an on-site public auction, which drew strong interest from industrial owner-occupiers and investors. Five bidders fiercely competed for the property, placing a total of 30 bids, before the property was ultimately sold for $4,210,000 — surpassing the reserve price by more than $200,000.
The purchaser, a local owner-occupier, was seeking larger premises to support the expansion of their business operations in the South West. Their acquisition underscores the unwavering demand for a well-located, functional industrial facility with future upside potential in the booming South West.
Angus Urquhart commented, “We are consistently seeing competitive bidding for well-located industrial assets, with buyers recognising the long-term value in securing a foothold in key growth areas such as Ingleburn.”
The successful sale of 24 Bosci Road further underscores South West Sydney’s appeal to owner-occupiers looking to relocate or expand their operations due to the unparalleled scale, flexible land zonings, and connectivity it offers.
Throughout the campaign, the Colliers team fielded over 120 enquiries, highlighting the strong appetite for quality industrial assets in the region. The property’s exceptional functionality and expansive yard component proved especially appealing to both owner-occupiers and investors — two key features that remain in high demand as occupiers continue to prioritise outdoor usability and logistical efficiency in today’s market.
“This result reflects the continued strength of the South West Sydney industrial market, particularly among owner-occupiers who are actively seeking properties with expansion potential and yard functionality” John Tsoutsa added.
24 Bosci Road comprises a freestanding warehouse and office facility, totalling 800m²* situated on a generous 2,235m²* site. Additionally, the site offers ample hardstand area and future development potential, further enhancing its appeal to owner-occupiers and investors alike.
For further information on this sale or to discuss upcoming industrial opportunities in South West Sydney, please contact John Tsoutsa or Angus Urquhart.
*All figures are approximate.
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