Sydney Hills Competitive Real Estate

The Hills Shire ranks second in size only to Ryde/Macquarie Park relative to Sydney suburban office markets. Over the past decade, the area has benefited from tenants seeking to relocate or consolidate operations, attracted by an abundance of new space, high car parking ratios and significant rent savings.

Industrial and office rents consistently rank well below the Sydney average offering a wide range of affordable business and industrial properties, with purchase costs ranking lower than the Sydney average. Sydney Hills business investment precincts lie within the southern growth corridor.

Five precincts comprise over 1,000 hectares of office, retail, showroom, light industry and prime office space. Significant levels of new supply will be coming online in 2009/2010, much of it at Norwest, one of the region’s largest business parks. Castle Hill Industrial Zone and Annangrove Industrial zone also have considerable development and redevelopments underway.

The relocation of high profile tenants such as the Reserve Bank, IBM, Woolworths, ResMed, Capital Finance and Subaru has further boosted the Shire's viability as a location of both corporate headquarters and back office operations.