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1 Kingston Street
Botany NSW 2019
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Sold on 10 Sep 2024

1 Kingston Street Botany NSW 2019

  • Factory, Warehouse & Industrial
  • 910 m²
  • Sold

High yielding freehold industrial investment

  • Current passing rent: $151,209 NET PA
  • Set and forget style investment
  • Commercial yield on residential zoning

Cushman & Wakefield are thrilled to bring to the market for sale via an Expressions of Interest Campaign 1 Kingston Street, Botany.

This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.

Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.

Key features include the following:

910 sqm* total building area
755 sqm* site area
22.75 m* street frontage
Freehold tenanted investment
Strong covenant
For sale as a going concern
Strong long-standing covenant in place
Add-value potential with CPI increases
R2 Zoning - development upside STCA

For more information, please enquire with the exclusive selling agents.

*Approximate

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold10 Sep 2024
Floor Area910 m²
Land Area755 m²
ParkingAsk Agent
Property ID2019102838
Category
Last updated  22 Oct 2024
Map for 1 Kingston Street Botany NSW 2019

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Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold10 Sep 2024
Floor Area910 m²
Land Area755 m²
ParkingAsk Agent
Property ID2019102838
Category
Last updated  22 Oct 2024

Co-Agents

Jake Savery
Cushman & Wakefield Sydney
Call
0403 223 259
Tom Barnier
Cushman & Wakefield Sydney
Call
0499 888 024

More about 1 Kingston Street Botany NSW 2019

1 Kingston Street Botany NSW 2019 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 910 m² and a land area of 755 m². There are 2 x onsite parkings.The listing ID for this property is 2019102838.

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