Industrial Property News

ISSUE 188 | FEBRUARY 2026 | 02 9630 8000 | PAGE 10 Simply search ‘Bawdens_RealEstate’ on Instagram. Like us on Instagram • Stay informed: view our monthly Industrial Property News, weekly Market Brief and bimonthly Commercial Property News & Property Investor News • Find out what transactions we have just completed • Be up to date with the current market offerings Asset Management Vacancy Rate Office Industrial Retail 3.28% 0.59% 3.57% BAWDENS ASSET MANAGEMENT BAWDENS ASSET MANAGEMENT Protecting the Asset and Compliance During a routine review of a Duplex site exclusively managed by Bawdens, Associate Director Esperance Saad identified that the tenants had created an unauthorised opening between the two adjoining units. This modification posed potential structural and fire safety risks. Acting swiftly, Esperance engaged both a structural engineer and a fire engineer to assess the integrity and compliance of the alteration, with all investigative and reporting costs appropriately charged to the lessee. With safety confirmed, but the unauthorised works still requiring formal rectification, Esperance is now establishing the costs associated for a full reinstatement of the dividing wall. To ensure the owner’s financial position is protected, she is arranging for the bond to be increased to fully cover the reinstatement cost. This proactive and firm management approach safeguards the property’s compliance, ensures the tenant meets their obligations, and reinforces Bawdens’ commitment to protecting owners’ long-term asset value. FOR LEASE North Rocks 264m2 & 266m2 approx. Brand New High Clearance Warehouse • Street front unit • Motorised roller door • Excellent truck access • Mezzanine floor with kitchenette • Security fencing Monjer Khan: 0422 753 262 Jarrad Love: 0408 817 025

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