Colliers is pleased to bring to the market for sale via Private Treaty, 22 Burrows Road, St Peters.
This is a highly functional classic industrial building situated in the heart of the St Peters/Alexandria invaluable IN1- General Industrial zoning locations.
The property is suitable for owner occupiers and investors alike with a current lease in place with 19 months remaining.
The property has a two storey office building with a rear single level warehouse.
Modern office/showroom facility spanning over the level one (412 SQM) with the ability to house a substantial level of staff and a high clearance/clear span warehouse fitted out with a sprinkler and air-conditioning system.
The site consists of a lock up yard area with 16 parking spaces at the entry point as well at the rear of the site a courtyard looking over the Alexandria Canal.
For the owner occupier: Purchase the site as a going concern which is generating $500,000 Net PA with 19 months remaining on the lease giving you ample time to get things in order to move in and occupy.
For the investor: Purchase a site with current income have the ability to secure a new tenant 12 months out from vacancy giving no layover time without income.
Key features of this property include:
- Large freehold building in an extremely central location
- IN1- General Industrial Zoning
- Total site area of 2,510 SQM
- High clearance (9.3m) + Clear span warehouse (1,560 SQM)
- Sprinklers and air-conditioning system within warehouse
- Gated yard with 18 parking spaces
- Strong truck and container access
- 7.30 metre wide/4.30 metres high warehouse roller door
- Superior office + showroom fit-out with the ability to house a substantial level of staff
- 41m street frontage along Burrows Road
- Current lease in place with $500,000 Net PA for 19 months
- Tenant pays 100% of outgoings
- Large scale power supply with onsite substation
- Rear courtyard looking over the Alexandria canal
- Location greatly benefiting from the newly completed West Connex project making the site accessible to all major link roads of Sydney
Area Breakdown:
- Warehouse: 1,560 SQM
- Ground floor/office/workspace: 263 SQM
- First floor office and showroom: 412 SQM
- Total building area: 2,235 SQM
- Total site area: 2,510 SQM
- Parking spaces: 18 on site
For more information or to arrange an inspection please enquire with the exclusive selling agents below:
Nick Mallett
+61 410 807 877
Or
Michael Crombie
+61 412 903 063
