CBRE and Colliers are pleased to offer for sale 11-21 Gardiner Street, Rutherford forming part of The Diverse Nine Portfolio. The property is available for sale individually or in-one-line via an International Expressions of Interest campaign closing Thursday, 1st June 2023 at 4:00pm (AEST).
Key Highlights:
+ Long and secure 13.4 Year WALE to 100% Bottling Company
+ Income producing landbank with a site area of 40,460 sqm
+ Strong rental review structure of the greater of CPI or 3%, providing an accretive running yield
+ Low site coverage of 17%, providing future redevelopment upside
+ Two street frontages of approximately 150 metres each
+ Multiple buildings with a total GLA of 6,996 sqm
+ Secure Net Passing Income of $1,240,289 p.a. ($177/m²)
+ Part of the rapidly growing regional growth market of the Hunter region
+ Rutherford is the second largest industrial precinct in the Hunter Region and home to many major well-known occupiers including Komatsu, Ausco, Nepean, Anaconda and many more
For further information, please contact the selling agents.
*all figures approximate