Op shop giant leases base near Sydney’s geographic centre
For-profit op-shop Savers, which trades from 300 locations globally, has leased an office/warehouse 22 kilometres west of Sydney’s CBD, at Regents Park.
The Washington-based group has committed to 1530 square metres – a tenancy known as S1 (or Block S, Unit 1), 391 Park Road – for an undisclosed, “long term”, according to the agents, JLL’s David Lidgard and Marco Chiodo.
Dexus is the owner; the building is one of 20 in the 32.6 hectare Regents Park Estate.
“The incoming occupier was attracted to this facility due to the access to rail, amenities and quality warehousing while being located in the geographical heart of Sydney,” the agents added.
The deal comes a fortnight since the landlord pre-committed Allied Pinnacle to an 11,800 sqm office/warehouse within Melbourne’s west Horizon Ravenhall estate (story continues below).
Middle ring Sydney business park
Developed in 1988, Regents Park Estate contains 170,700 sqm of office and warehouse space; outgoings average c$39 per sqm, per annum. With internal roads, delivery areas and some 1200 car parks, the business park also contains tennis courts, a recreation reserve and café.
The address is a couple of suburbs south of Rydalmere – also just over 20km from the CBD – and, according to the Australian Bureau of Statistics in 2018, Sydney’s geographic centre based on population.
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