Colliers, in conjunction with Cushman & Wakefield are pleased to present to the market for sale, 5-7 Bourke Road, Alexandria. This presents a unique opportunity to acquire a 1,667m² freehold industrial building within the heart of Alexandria and 200 metres from the Green Square Train Station. With vacant possession achievable in December 2024, this property boasts immense potential for owner occupiers, investors and developers alike.
This industrial building comprises a standalone traditional saw tooth warehouse with extensive natural light along with a showroom, level 1 offices and parking - create your perfect headquarters while Green Square grows.
With Green Square right at your doorstep, this property enjoys exceptional access to a wealth of amenities. The area features newly developed parks and modern wellness and recreational facilities, including the Gunyama Park Aquatic Centre. Additionally, a vibrant café and restaurant scene enhances the appeal, making this precinct a highly sought-after location for occupants.
Key Property Highlights:
- 1,667m² freestanding industrial building incorporating low clearance warehousing and semi-modern office/showroom accommodation.
- Substantial 1,393m² land holding occupying a prime position with an expansive 36 metre showroom exposure to Bourke Road.
- Existing DA approval for a nine-storey mixed-use commercial office development comprising 5,363m² of GFA at a 3.85:1 FSR.
- Current amendment DA lodged with City of Sydney Council to relocate all basement car parking above ground to allow a more economic and efficient development.
- Flexible E3 Productivity Support zoning with a maximum permissible FSR of 4.15:1 and a 45 metre height limit.
- Short-term lease arrangements, offering versatility for a large cross-section of potential purchasers, including owner occupiers, developers and investors.
- Prime positioning within 200 metres from the Green Square Train Station and the Green square Town Centre.
- Unparalleled proximity to major arterial roads, including the WestConnex Motorway as well as the M1, M4 and M5 Motorways.
All figures are approximate.
5-7 Bourke Road, Alexandria is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEDT) Tuesday, 26th November 2024.