CPG are pleased to present for sale by public auction this multi tenanted industrial/warehouse complex Located in the increasingly sought after Peakhurst industrial district.
Suitable for the astute investor looking for a multi-tenant freehold asset in the proven low risk industrial asset class, with ample rental upside in upcoming market reviews and lease renewals, and in an area with high rental demand for smaller industrial units.
And with 1,241m²* of total land area, this property presents opportunity for owner occupiers and developers that understand land holdings of this size are a rare commodity not just in the Peakhurst area, but in the entire Southern Sydney region, and can sit on a strong passing income whilst they plan to re-develop.
Property Features:
* 1,241m²* total land area
* 700m²* building area
* 4 separate tenancies, currently returning $110,465.00 pa + GST, with strong potential for rental upside in upcoming market reviews
* Benefit from multi-tenanted income
* Suitable for owner occupiers or developers who would like to purchase and complete substantial renovations or development
* Capitalise on rental return whilst planning to re-develop
* IN2 light industrial zoning
* Located just-off Boundary Road in one of Peakhurst's most prominent industrial streets
* Tightly held area with strong demand for freestanding owner occupation of industrial/warehouse units
* Central Sydney location within the immediate vicinity of Forest Road, King Georges Road, the M5 and M8 Motorways (WestConnex)
* 3km to Sydney Airport*, 21km to Port Botany* and 23kms south of Sydney CBD*
For further information on this opportunity please contact exclusive sales agents Ryan McMahon 0429 228 460 or Hayden Bennett 0477 665 455.
Inspect:
By specific appointment on Thursdays between 1-1:45pm
Auction:
Thursday 12th August 2021
On-Site at 12:30pm
*Approximate.