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13-19 Franklin Avenue
Bulli NSW 2516
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Sold on 31 Oct 2023

13-19 Franklin Avenue Bulli NSW 2516

  • Factory, Warehouse & Industrial
  • 7,750 m²
  • Sold

Rare Sale & Lease-Back Opportunity with Strong Industrial Covenant

    Colliers are excited to exclusively present to the market this rare sale and leaseback opportunity to an extremely high quality tenant. This is an opportunity not to be missed.

    Sitting on an expansive 2.6 hectares* of general industrial land, this site consists of a freestanding building split over warehouse and office space, a total floor area of 7,750m²* with 60 onsite parking spaces.

    Positioned within the Illawarra's northern suburb of Bulli, the site is ideally situated across the railway line, from Woolworths, moments to Bulli Railway Station, a short drive to the main retail strip of Woonona and easy access onto the freeway in both north and south directions.

    Leased-back to David Brown Santasalo Australia Pty Ltd for 10-years with options, this strong covenant offers a fantastic investment opportunity.

    The site is being sold by auction Thursday, 19 October at 10:30am (AEDT) in rooms.

    Highlight features:

    • Site area: 2.6Ha*
    • Floor area: 7,750m2*
    • Brand new 10-year leaseback with strong industrial covenant
    • Leased to National AAA tenant: David Brown Santasolo Australia Pty Ltd
    • Zoned E4 General Industrial
    • Net return $1,162,500 + GST P.A.

    *Approx.

    Colliers Wollongong
    Colliers Wollongong
    Level 2, 63 Market Street
    Wollongong, NSW 2500

    Property Highlights

    Date Sold31 Oct 2023
    Floor Area7,750 m²
    Land Area2.6 ha
    ParkingAsk Agent
    Property ID2018771576
    Category
    Last updated  2 Nov 2023
    Map for 13-19 Franklin Avenue Bulli NSW 2516

    Nearest transport* to 13-19 Franklin Avenue Bulli NSW 2516

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    Colliers Wollongong
    Colliers Wollongong
    Level 2, 63 Market Street
    Wollongong, NSW 2500

    Property Highlights

    Date Sold31 Oct 2023
    Floor Area7,750 m²
    Land Area2.6 ha
    ParkingAsk Agent
    Property ID2018771576
    Category
    Last updated  2 Nov 2023

    Co-Agents

    Taleah Thomas
    Colliers Wollongong
    Call
    0466610444

    More about 13-19 Franklin Avenue Bulli NSW 2516

    13-19 Franklin Avenue Bulli NSW 2516 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 7,750 m² and a land area of 2.6 ha. The listing ID for this property is 2018771576.

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