31-33 Sirius Road Lane Cove West NSW 2066

Colliers, as exclusive selling agents, are pleased to present 31-33 Sirius Road, Lane Cove West, to the market for sale. This is an exceptional opportunity to acquire a quality infill industrial estate, strategically located in the tightly held and land-constrained last-mile industrial precinct of Lane Cove West.

Situated on a 6,558m² freehold land parcel, the property features high-quality and versatile building improvements totalling 6,003m² across five units. Its prime location offers unparalleled access to a large residential catchment and key arterial motorways, making it one of Sydney's best performing last mile logistics markets.

Key Investment Highlights:
- Flexible industrial complex comprising five units totalling 6,003m²
- Freehold 6,558m² landholding within one of Sydney's most undersupplied industrial precincts
- Strong net passing income of $1,242,383 ($207/m²) per annum, underpinned by a diverse tenant profile
- Assessed net market income of $1,601,715 ($267/m²) per annum, presenting significant value upside through re-leasing initiatives
- Strategic WALE (by income) of 3.12 years, providing a secure income profile with short-term positive rental reversion and the ability to implement value-add strategies
- The Lane Cove West industrial market enjoys robust occupier demand, expected to intensify due to displaced occupiers following the recent rezoning of the Macquarie Park Innovation Precinct
- Prime positioning within the land-constrained Lane Cove West industrial market, offering immediate access to key arterial roads and motorways, including Lane Cove Road and the M1 & M2 Motorways

All figures are approximate.

31-33 Sirius Road, Lane Cove West is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEDT) Tuesday, 15th October 2024.