Colliers Industrial & Logistics Capital Markets are pleased to present to the market for sale 461 Victoria Road, Gladesville.
Underpinned by flexible redevelopment potential, the offering generates the following investment and development features:
• Gladesville is a tightly held market with limited opportunities to acquire infill redevelopment sites, centrally located within proximity to key infrastructure, retail amenity and transport.
• Development approval (LDA/2023/0272) for a Multi-Storey, Self-Storage and Industrial facility incorporating 18,894m² of Gross Floor Area (GFA).
• Highly sought-after 19,345m² freehold land holding providing genuine scale and an array of development options.
• The tight ownership structure of high-quality sites and land scarcity across Sydney's Inner North support continued underlying fundamentals for the asset.
• Exceptional connectivity to major road infrastructure, key precinct amenity, and large, growing residential catchments including efficient access to Sydney CBD, North Sydney, St Leonards and Chatswood.
• Record low industrial vacancy rate of 0.7% in Sydney's Central West, underpinned by strong occupier demand, limited competing stock and YoY rental growth of 14.1%*.
All figures are approximate |*Colliers Research
461 Victoria Road, Gladesville will be offered for sale via an Expressions of Interest Campaign closing 3:00 pm (AEST) Wednesday, 2 October 2024.
To request further due diligence information or to arrange an inspection, contact the exclusive Colliers selling agents.