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11-21 Gardiner Street
Rutherford NSW 2320
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Sold on 23 Aug 2023

11-21 Gardiner Street Rutherford NSW 2320

  • Factory, Warehouse & Industrial
  • 6,996 m²
  • Sold

INCOME PRODUCING LANDBANK

  • Secure Income
  • Strong Annual Rental Reviews
  • Future Development Upside

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

CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold23 Aug 2023
Floor Area6,996 m²
Land Area4.05 ha
ParkingOn site parking available
Property ID2018504825
Category
Last updated  8 Sep 2023
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CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold23 Aug 2023
Floor Area6,996 m²
Land Area4.05 ha
ParkingOn site parking available
Property ID2018504825
Category
Last updated  8 Sep 2023

Co-Agents

Jason Edge
Jason Edge
CBRE Western Sydney
Call
0410 687 866
Gavin Bishop
Gavin Bishop
Colliers International Sydney West
Call
+61 401 146 051
Sean Thomson
Colliers International Sydney West
Call
0418 943 452

More about 11-21 Gardiner Street Rutherford NSW 2320

11-21 Gardiner Street Rutherford NSW 2320 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 6,996 m² and a land area of 4.05 ha. The listing ID for this property is 2018504825.

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