Expression of Interest Sydney Industrial / Office

Client not disclosed

DUE: 05:30 PM on Friday, 14 April 2023

Introduction

LPC has been appointed to act as an Occupier Advisor in relation to our confidential client’s industrial property requirements in Sydney.  Our client is the Australian subsidiary of a major, multi-national company that provides a range of high-tech products and solutions to state and federal governments throughout the Oceania region.

Contact Sydney

Premises that meet these requirements should be nominated and submitted to our office electronically by:
05:30 PM on Friday, 14 April 2023
Submissions are to be lodged with:
LPC
Attn: Michael Raymond
mraymond@lpc.com.au

Brief

Type of Accommodation
New purpose-built (preferred) or prime quality pre-existing warehouse and office accommodation that can be retrofitted to meet the specifications set out below.
Lettable Area
1,200 m2 of office space and 1,300 m2 of warehouse/workshop space.
Location
Will consider any suitable site in the Central, Southern, South Western and Outer Western regions of the Sydney metropolitan area.
Lease Commencement Date
Pre-existing Accommodation - August 2023. Purpose built Accommodation – To be confirmed but estimated to be approximately 1 September 2024.
Access Date
Access will be required no later than 4 months prior to lease commencement with the ability to trade from the premises upon relocation of stock and the completion of any fit out works.
Lease Term
5-year initial term plus options. Our client will consider a longer initial term (and options) dependent upon the site’s ability to meet all of requirements set out in this brief.
Premises Condition
Access (ideally, one entry and one exit gate to allow for the flow of one-way traffic). Access should allow for medium sized transportation vehicles. Ideally, public transportation should also be accessible nearby. Perimeter and security requirements: a. Fully fenced 2.4m with three strands of barbed wire. b. Access control via FOB Gate and doors. c. Perimeter security beams. d. Perimeter and indoor security cameras. 3 phase power available at the site. Fibre-to-the-premises (FTTP). 6 metre ceiling height in warehouse/ Training and workshop areas. 2.4 metres ceilings in office areas.
Parking
Access to on-site parking of 80 cars for staff and visitors.
Expansion Rights
It is anticipated that our client’s requirement will increase in line with its business growth over the next 5 -10 years and its space requirements will double during that period, i.e. there will be a requirement for an additional 2,500 m2 of office/warehouse.
NABERs Rating
Our client is committed to reducing greenhouse gas emissions and improving its environmental performance. It will be a requirement that the building is able to provide a range of sustainable initiatives such as (but not limited to) on-site renewable energy, water sensitive design, sustainable building/construction materials and innovative building design. Specific Energy requirements include: a. Building Efficiency C < 80 [KWh/m²/year. b. Solar panel for electricity. c. Solar hot water. d. 100% green energy with International Renewable Energy. Certificate (I-REC) or at least the Renewable Energy Certificate (REC).
Access to road networks
Good accessibility to M4, M5 and/or M7.
Agent Appointments
LPC will not be involved in the resolution of any dispute that may arise between agents, agency firms or consultants in respect of introductions.

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