The property offers a rare freehold opportunity of scale within one of the most tightly held precincts on Sydney’s Lower North Shore.
“26 Smith Street is one of only six freehold landholdings above 5,500 sqm in the precinct,” said co-head of JLL Sales & Investments Dylan McEvoy. “The Chatswood industrial precinct is completely land-constrained, which puts a strict limit on future supply within such a crucial service and employment hub. We believe this precinct will experience strong future growth as it services the rapidly growing population.”
Chatswood industrial precinct is home to major institutions such as Bunnings Warehouse, Woolworths, Tesla, and Kennards Self Storage, reflecting the high demand for industrial operations and urban services in the area.
The property also enjoys seamless connectivity to major arterial roads, including the M2 Motorway, M1 Motorway, Pacific Highway, and Boundary Street, facilitating easy access across Greater Sydney.
26 Smith Street Chatswood will be sold via an International Expressions of Interest process, closing at 3 pm (AEDT) on 11 April 2024.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.