106-120 Tasman Street Kurnell NSW 2231

Colliers are pleased to bring to market for sale via an Expressions of Interest (EOI) campaign closing Wednesday, 1st June 2022 at 4:00pm (AEST) unless sold prior.

The subject site is a substantial industrial land holding, which features a fully functional high clearance warehouse, office areas, allocated amenities, a large open yard area, and multiple driveways for easy truck access with multiple onsite car spaces. 106-120 Tasman Street presents a rare opportunity to secure a large industrial block set over 12 land titles with an existing industrial facility within Kurnell. The opportunity will suit a wide audience of buyers such as investors, developers, and owner-occupiers looking to secure a prime industrial property with holding income in the thriving industrial area of Kurnell.

Situated in the tightly held industrial precinct of Kurnell on Tasman Street, this property provides immediate access to Captain Cook Drive which connects with Taren Point Road, a main arterial road that links travellers south towards Cronulla, and north towards Mascot, Port Botany, and Sydney CBD.

The subject property offers holding income from two tenancies that include a Furniture maker and a Trailer company.

106-120 Tasman Street offer the following Key features:
- Substantial site area of 7,122m²*
- 12 titles of land allowing for future development flexibility
- High clearance warehouse & office totaling 4,847m²*
- Current combined gross income of approximately $287,000* per annum + GST
- Potential gross income of $585,000 per annum* once released
- Huge scope to increase rents at option period with a market review due in mid-2023
- 97 metre* frontage on Tasman Street
- Development potential with a current FSR of 1.1 & height limit - 16m**
- Potential rental growth as is or further growth through a refurbishment of existing building
- The subject property is being sold as a going concern NO GST payable
- Suitable to owner-occupiers, investors, and developers
- Heavy three-phase power
- Multiple driveways, providing good truck access
- Ample on-site car parking and hardstand areas

Invest now & occupy or develop later!

Approximate*
Subject to council approval**

106-120 Tasman Street, Kurnell is being offered for sale via Expressions of Interest (EOI) campaign closing Wednesday, 1st June 2022 at 4:00pm (AEST) unless sold prior.