Saturday, May 9, 2009

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.
The Sydney Hills has a $15 Billion economy - contributing nearly 20% to Western Sydney GRP and is home for families and high-tech industries centrally located in Sydney near the M2 Motorway.

Our major business precincts such as Norwest Business Park and Castle Hill Industrial Zone are suited to a variety of light industrial, office, research and commercial uses.

They house a diverse array of specialist and advanced industrial companies gaining the region an excellent reputation as a centre for the finance, information technology and pharmaceutical industries.

There is a higher concentration (43%) of residents employed in management, administration and skilled professions than both Western Sydney and Sydney.

There is a higher level of employment in business services, education and wholesale trade, and less reliance on manufacturing, than Western Sydney
overall.

Take a few minutes to discover the advantages of a Sydney Hills address at www.investsydneyhills.com.au and give us a call on +612 9843 0131

The Hills Shire, an area of 380 square kilometres

Sydney Hills refers to The Hills Shire, an area of 380 square kilometres stretching from North Parramatta in the south to Wisemans Ferry on the Hawkesbury River in the north.

By 2031, the population will grow by 100,000 residents and 47,000 jobs making The Hills Shire is one of the largest and fastest growing areas in Western Sydney - a region accounting for approximately $15 billion in output and 55,000 jobs.

In addition The Hills Shire offers appealing lifestyle aspects, such as a wide expanse of parks, reserves and rural land - hence its nickname "The Garden Shire".

Check out http://www.investsydneyhills.com.au/SydneyHills/Profile.html for more information.

Need Business Information for your next Business Plan?

Let us help you with research data at no cost. The Hills Shire Council's Economic Development team provides free services to Hills companies seeking business information through its Business Visitation Program.

The team has access to a large range of business information, demographic data, local industry trends and economic modelling. Learn how to identify new business activity in the region. Want to know more?

Give us a call on 02 9843 0131 and arrange a free confidential business visit.

Are you looking for commercial or industrial property demographic forecasts in North West Sydney Australia?

The Invest Sydney Hills website provides free independent location and demographic research and commercial property data to companies investigating moving or expanding a business into North West Sydney in Australia home to the world class Norwest Business Park and Castle Hill Light-Industrial area. Services include

Take a few minutes to discover the advantages of a Sydney Hills address at www.investsydneyhills.com.au and give us a call on +612 9843 0131