Sydney M5 Corridor - Stone Factory

Client MandateThe client is a local stone manufacturer who has been renting industrial units along the M5 corridor Mascot for several years, and engaged us to source a stand-alone factory to purchase for their business. The ideal brief was to source a 1000m2 warehouse plus 300m of yard within an IN1 zoning in South-Sydney, a very tightly held industrial precinct, with a $5.5m budget.
‍ResultSourced pre-market, this 1030m2 Industrial factory with an additional 400m2+ of yard was ticking all of our clients boxes. We swiftly conducted DD to suit their specific needs, and negotiated a price below the client’s initial budget and favourable terms with a 1y leaseback from the vendor that allowed our client a smooth transition from the current location.