Colliers, as exclusive selling agents, are pleased to present to the market for sale, 316 Horsley Road, Milperra, a highly functional freestanding industrial building, located within one of Australia's premier last-mile logistics hubs.
Underpinned by a short WALE (by income) of 0.4 years, this presents ultimate flexibility for immediate occupation or the ability to implement a range of value-add initiatives and capitalise on the significant rental reversion potential with an assessed rental uplift of 122%.
Situated on a substantial 6,709m²* land parcel, the property features highly functional building improvements, totalling 4,330m²* within the tightly held and land constrained Inner South West Sydney industrial market.
Key Property Highlights:
- Secure freestanding 4,330m²* industrial facility
- Impressive 6,709m²* landholding within one of Sydney's most highly sought-after and evolving last-mile logistics precincts
- Short WALE (by income) of 0.4 years, presenting ultimate flexibility to occupy or the ability to capitalise on significant rental reversion upside
- Functional building improvements featuring fully sprinklered high clearance warehousing, a large awning with two container height RSD's and ample on-site parking for 54 cars
- Short-term holding income of $526,577 ($122/m²) per annum, assessed well below current market levels
- Assessed net market income of $1,169,100 ($270/m²) per annum, representing a significant 122% uplift on current levels
- Unparalleled connectivity to key Sydney transport infrastructure, including Milperra Road and the M5 & M8 Motorways
*All figures are approximate.
316 Horsley Road, Milperra is offered for sale via an Expressions of Interest (EOI) campaign closing at 12:00pm (AEDT) Friday, 8th November 2024.
For more information or to arrange an inspection, please contact the exclusive selling agents below.