RWC Industrial City South and X Commercial are pleased to present to the market for sale 9-13 Byrnes Street, Botany, offering an extremely rare opportunity to buy a value-add investment or flexible redevelopment opportunity, strategically positioned within the Botany Industrial precinct.
The asset is offered with a short WALE catering for a wide range of potential buyers, including Owner Occupiers, Developers and Investors.
Key Selling Features:
• Rare Investment Opportunity: Value-add investment or flexible redevelopment potential in a prime location.
• Substantial Land Size: 7,209m² infill site with a short WALE (Weighted Average Lease Expiry).
• Existing Improvements: Four warehouses totaling 5,500m², offering functional space for various uses.
• Rental Upside: Strategic lease profile provides immediate access to potential rental reversion and value-add initiatives.
• Dual Access Points: Warehouses can be split to create multiple tenancies, enhancing income generation.
• Strong Income Potential: Assessed net market income of $1,496,000 per annum ($272/m²), with significant room for rental uplift.
• Zoning Flexibility: IN2 zoned land allows for a variety of industrial uses and redevelopment options.
• Excellent Transport Links: Close to major roads, Port of Botany, Sydney Airport and rail networks, ensuring efficient logistics and distribution.
• Well-Developed Infrastructure: Supports large-scale operations with easy access to utilities and services.
• Flexible Exit Strategies: Ideal for owner-occupiers, developers, and investors looking for diverse opportunities.
• Must be sold
9-13 Byrnes Street Botany is offered for sale by Expressions of Interest Closing 26th November 2024.
For further information or to arrange an appointment, please contact the exclusive agents.
William Gathercole 0403 618 757
Marcus Schraag - 0431 038 291
Charlie McKenzie - 0416 833 118