Colliers Industrial Capital Markets, as exclusive selling agents, are pleased to offer for sale 373 Horsley Road, Milperra, an ideal redevelopment site for a last mile logistics estate within the high-growth inner South West suburb of Milperra, where land supply is diminishing, benefitting from strong prospects for capital and rental growth.
Underpinned by a high underlying land value, the offering benefits from a multitude of flexible future redevelopment characteristics, along with providing the following captivating features;
• Strategic 31,290m² freehold land holding providing vast development upside
• Large scale site with expansive street frontage of over 130 metres, allowing future development flexibility
• Ideal redevelopment site for last mile logistics estate
• Holding net passing income of $884,903 per annum provided by ASX listed company UGL Limited for 1-2 years
• Milperra has a tight ownership structure and is dominated by owner occupiers, with opportunities of scale rarely becoming available
• Milperra is a land constrained market, supporting strong rental / capital growth prospects in the future and is further set to benefit from the rapid growth of e-commerce
• Strategic location offering excellent access to existing precinct amenity and major road infrastructure including Milperra Road & the M5 Motorway
373 Horsley Road, Milperra is being offered for sale via Expressions of Interest closing 12:00pm (AEST) Friday, 30th July 2021.
For further information on this rare offering, or to request data room access, please contact the exclusive Colliers Capital Markets Team of Gavin Bishop or Sean Thomson.