Office/warehouse in Sydney's Seven Hills sells for $5.2 million
Prateek ChatterjeeDecember 7, 2020
A freestanding industrial facility in Sydney’s Seven Hills Industrial Estate has sold for $5,275,000 to an owner occupier.
The 5,525 square metre site at 7 Tollis Place comprises an office and warehouse. The property offers two levels of accommodation and access via two large roller shutter doors.
CBRE’s John Micallef, Greg Pike and Matthew Alessi negotiated the sale of the property.
Micallef said although the buyer was prepared to pay a premium price for the building due to the lack of alternative properties available in the area.
“The sale is further evidence of the current heated demand for industrial opportunities in Sydney’s west,” he said.
Image taken from Google Street View.