This is your chance to acquire one of the last remaining true industrial facilities within the inner west/ city fringe. Perfect for re-development, whether for commercial or residential use, this substantial freehold warehouse on 2,612sqm* of land offers exceptional potential.
The property is currently leased by a well-established bathroom product manufacturing brand, ensuring a strong tenant covenant. Additionally, the current transitional WALE offers an opportunity for rental reversion from its below-market rate or the flexibility to reposition the assets or occupy them in the near future.
With its dual street access, located just 6km from the Sydney CBD, the property boasts easy access to Parramatta Road, Sydney's latest infrastructure (Westconnex Rozelle Interchange 1.5km*) and when combined with the scarcity of such assets in this location, demand for these properties are extremely high.
Key Features:
- Building Area: 3,321sqm
- Land Area: 2,612sqm
- High clearance, clear span warehouse
- Building height of 10.3 11.6m
- Dual roller door access of 12m and 3.2m respectively
- Hard stand/parking for approx. 22 cars
- Lease Expiry March 2025
- Potential for significant rental increase in the current market
21-35 John Street, Leichhardt is available for sale via an Expressions of Interest campaign closing on Thursday 22nd August at 3pm.
Co-listing agency: Commercial Property Consultants
Serge Toscano
serge@stcommercial.com.au
+61 412 979 684