Skip to main content Skip to footer

Kemps Creek prime industrial holding sold in off-market deal for $123 million

Kemps Creek  Dexus site

Securing one of the final opportunities of scale within the Mamre Road Precinct, Dexus purchased 30 hectares of vacant industrial land located at 113-153 Aldington Road, Kemps Creek, in recent weeks. The off-market deal was negotiated by Colliers’ David Hall, Fab Dalfonso, Phillip Bradac and Jock Tyson.

“The significant 30-hectare property comprises three lots, delivering the opportunity for a strong development pipeline. The site will provide circa 150,000sqm of industrial space with Dexus already securing a pre-lease with McPhee Distribution Services for circa 72,000sqm” Mr Hall explains. “Given the heightened shortage of industrial zoned land stock in Western Sydney, this is a strategic purchase on behalf of Dexus.”

The Mamre Road Precinct will provide temporary relief to the growing developer and occupier demand. Colliers’ estimates that the current supply of appropriately zoned vacant industrial land in Western Sydney will run out in approximately 4.8 years. This is based on take-up levels of 200 hectares per annum, against the vacant land supply of active landowners totalling 962 hectares.

Furthermore, the site will come to market at a crucial time in the outer west market with current vacancy levels below 0.5% and over 1,200,000m² of current occupier demand (> 5,000m²).

Kemps Creek provides an opportunity for us to grow our industrial footprint and customer base in a key market,” Chris Mackenzie, Head of Industrial Development Dexus, says.In a competitive market, we are focused on the locations that customers will value in the future”

The Mamre Road Precinct is set to benefit from the NSW government’s commitment to $2.6 billion in funding to go towards the future development of the area and to deliver key infrastructure. This will include local roads, drainage and local open spaces.

Media contact details below and David Hall, National Director Industrial Colliers, is available for further comment.

Related Experts

David Hall

National Director | Industrial

Sydney West

With over 17 years’ experience in the Australian industrial market, David has become a specialist in the leasing, sales and development of industrial assets within this region.

David is a National Director – Industrial at Colliers International and also holds the role of Director in Charge for the Sydney West Industrial department. 

David’s career has seen him assist some of the largest Industrial occupiers in their relocation strategies from identifying their current requirements through to site identification, lease negotiation and occupation.

With extensive experience in the development sector of the Industrial markets, this allows David to best service his clients in all facets of industrial development from site acquisition, divestment, construction, pre-lease transactions and investment sales. David’s specialisation is within the key Western Sydney markets, with a heavy focus on large transactions of land, development projects as well as large leasing appointments and corporate mandates.

Since 2014, David has had a particular focus on the Western Sydney Airport Precinct and has become known as the Precinct’s market leading expert. He has been involved in some of the largest transactions of land in the past five years and is personally responsible for over $1 billion in land transactions in the past 4 years.

With an enterprising attitude, David brings a wealth of experience and creative thinking to some of the more challenging industrial property solutions, accelerating the success of his clients.

View expert

Phillip Bradac

Director | Industrial

Sydney West

Phillip has some 40 years of property experience in Western Sydney, with some 18 years at Colliers.

He consistently achieves outstanding results by working closely with clients, understanding requirements and via effective communication which enables informed decisions to be made.

With Phillip’s experience in the Western Sydney industrial market he has become a specialist in the sales and leasing of industrial assets for a range of private and institutional clients.

His successful transactions have covered all sectors of the market including; residential sales and developments, commercial & industrial sales and leasing, site sales and investment sales.

View expert

Jock Tyson

Senior Executive

Sydney West

Jock Tyson is a senior executive for Colliers in Western Sydney, delivering market leading insights and knowledge to accelerate the success of his clients. 

Within the Industrial sector, Jock has specialised in land sales and development. Jock continually invests time into uncovering the next Industrial land opportunities, creating a data platform which tracks the entire market and site delivery timeframes. His in-depth analysis has been recognised by key clients as market leading and ahead of the curve, reflecting his determination and work ethic.

His core focus is centred on providing consistent results to clients, at a level which exceeds expectations. Jock's capability to source development opportunities within a land constrained market are highly regarded, bringing a technical approach to drive exceptional solutions.

View expert