Sutton Anderson and CBRE are proud to present 17 – 31 Carlotta Street, Artarmon – an extraordinary offering that represents a once-in-a-generation opportunity, offered to the market for the first time in over 45 years. The site presents a rare opportunity to develop a large-scale and unique industrial property, as well as other possibilities, within Artarmon’s tightly held industrial precinct. Spanning an impressive 3,239sqm, the site encompasses four adjoining freehold properties, nested on a corner position, and fully tenanted, providing a substantial passing income.
Key property attributes:
* Extremely rare offering – first time offered in over 45 years
* 3,239 sqm* of total land holding across four adjoining properties
* Potential GFA of 4,858sqm* (STCA)
* Significant development potential with multiple options (STCA)
* Flexible E4 General Industrial zoning
* Net Passing Income of $835,073 p.a.*
* Strong rental reversion potential
* Blue ribbon Artarmon industrial precinct
* Strong connectivity to major arterial roads, including Warringah Freeway, Lane Cove Tunnel and Epping Road
* Corner site with 120m frontage
* Record low industrial vacancy rates
For a copy of the Information Memorandum or to arrange an inspection, please contact your exlcusive agents at Sutton Anderson or CBRE.