Former Waxcon facility in Rutherford hits the market
Rutherford, NSW, October 2024 – The expansive industrial property at 77 Racecourse Road, Rutherford, formerly occupied by Waxcon, an Australian quality textiles manufacturer, is now available for sale or lease, presenting a unique opportunity for owner-occupiers, tenants, and investors alike. Listed by Commercial Collective, this substantial 12,000sqm* facility on a 2.05-hectare* site offers the rare combination of size, power capacity, and potential for flexible use in a tightly held industrial market.
Byrne Tran, Founder and Head of Sales & Leasing at Commercial Collective, notes the distinctive potential of this property: “The former Waxcon facility represents an ideal industrial opportunity in the region, especially for businesses with high power demands or for investors looking to maximise value through creative re-leasing strategies. We’re anticipating significant interest from parties looking to capitalise on the low industrial vacancy rate in Rutherford.”
The site, featuring substantial infrastructure with multiple roller doors, toilet facilities, and office accommodations, can be configured into smaller tenancies, allowing for flexibility across various industries. The property's robust 1500 KVA power capacity, provided by an onsite kiosk substation, supports industries requiring large-scale power resources while offering potential for refurbishment and repositioning to accommodate multiple tenants.
“This facility’s scale and infrastructure truly set it apart,” adds Craig Watson, Senior Executive at Commercial Collective. “The power supply alone is exceptional, making this site one of the few that can meet such extensive operational needs. We expect strong interest given the scarcity of industrial properties of this calibre in the area.”
With Expressions of Interest closing on Thursday, 5 December 2024, 77 Racecourse Road represents a rare opportunity to secure a versatile and high-capacity industrial asset in one of NSW’s most sought-after industrial precincts. Commercial Collective’s expertise in the local industrial market guarantees extensive exposure for this opportunity.
