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Lot 16 DP 522429/38-40 Albert Street
Corrimal NSW 2518
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Lot 16 DP 522429/38-40 Albert Street Corrimal NSW 2518

  • Factory, Warehouse & Industrial
  • 8,081 m²
  • Expressions of Interest

Versatile Investment Opportunity: 8,081sqm Land with Dual Income Streams

  • Fully leased industrial investment
  • Gross revenue of $179,800 p.a. plus GST
  • Expansive 8,081sqm* industrial site

Knight Frank is delighted to present for sale 38-40 Albert Street, Corrimal a dual-tenanted, freestanding office and workshop situated in the heart of Illawarra's burgeoning industrial hub.

Key Highlights:
- Fully leased industrial investment
- Gross revenue of $179,800 p.a. plus GST
- Expansive 8,081sqm* industrial site
- Zoned E4 General Industrial
- Excellent connectivity to major arterial networks and key infrastructure
- Just one hour from Sydney and its airports, and 2.5 hours from Canberra
- Significant rental reversion potential with current net passing income below market rates

This exceptional opportunity is available For Sale by Expressions of Interest, closing on Thursday, 17th April at 3pm.

To arrange an inspection, please contact the Knight Frank agents:
Ben Mostyn | 0477 213 947
Ben Churven | 0421 657 510

*Approx.

EXPRESSION OF INTEREST

Closing date and time17/04/2025 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Knight Frank Illawarra
Knight Frank Illawarra
Level 3, Suite 301a, 43 Burelli Street
Wollongong, NSW 2500

Property Highlights

Floor Area8,081 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019883309
Category
Last updated  25 Mar 2025
Map for Lot 16 DP 522429/38-40 Albert Street Corrimal NSW 2518

Nearest transport* to Lot 16 DP 522429/38-40 Albert Street Corrimal NSW 2518

Bus
Train
Tram
Ferry
Princes Hwy At Albert St314 m
Princes Hwy After Bellambi Lane360 m
Bellambi Lane Before Memorial Dr398 m
Rothery St At Eager St407 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Knight Frank Illawarra
Knight Frank Illawarra
Level 3, Suite 301a, 43 Burelli Street
Wollongong, NSW 2500

Property Highlights

Floor Area8,081 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019883309
Category
Last updated  25 Mar 2025

Co-Agents

Ben Mostyn
Knight Frank Illawarra
Call
0477 213 947
Ben Churven
Knight Frank Illawarra
Call
0421 657 510

More about Lot 16 DP 522429/38-40 Albert Street Corrimal NSW 2518

Lot 16 Dp 522429/38-40 Albert Street Corrimal NSW 2518 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 8,081 m². The listing ID for this property is 2019883309.

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