Greystanes Industrial Property Market
Up until 2007 Greystanes was used as a quarry having been in operation for over 100 years, it has now become the preferred industrial location in western Sydney.
One of the major factors for Greystanse new found popularity as a prime industrial location, is its immediate access to the M4 Motorway and its proximity to Sydney CBD, being approximately 24kms west. The M7 /M4 Interchange Hub at Eastern Creek is located only 6kms west. Neighbouring industrial suburbs to the area include Smithfield, Wetherill Park and Prospect.
Greystanes is part of the NSW government’s plan to “create jobs closer to where people live in western Sydney”. NSW Premier Kristina Keneally stated in a recent extract that, "This area was designated State significant in December 2008, allowing the planning and assessment process to be streamlined so jobs could be created as soon as possible”.
The area has become an ideal alternative for companies requiring large purpose built facilities requiring immediate access to the M4 with today’s technologies and environmentally friendly needs.
The site has received Part 3A ministerial approval for subdivision and industrial development under the State Environmental Planning Policy No.59 – Central Western Sydney Economic and Employment Area for a total of 240,000 square metres of industrial property. Greystanes allows for a wide range of industrial uses including warehousing, manufacturing, logistics, storage, and research and development.
Plans include a dedicated bus Transitway running along Reconciliation Drive (main trunk road servicing Greystanes running north and south) to the employment precinct, meaning workers will be able to leave their cars at home. Reconciliation Road will provide direct access to Wetherill Park and Sydney’s south western suburbs when extended to Windmere Road in mid 2011. A dedicated bus transit way will service the estate and provide direct links to Liverpool, Parramatta and Blacktown
The site is currently the home for noteable users including Allied Pickfords, Linfox, Cadbury Schweppes and Laminex with the most recent additions being Fujitsu , Solaris and Symbion.