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 time	17/04/2025 15:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Knight Frank Illawarra

Level 3, Suite 301a, 43 Burelli Street

Wollongong, NSW 2500

Property Highlights

Floor Area	8,081 m²
Land Area	Ask Agent
Energy	Ask Agent
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019883309
Category	Factory, Warehouse & Industrial Offices
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 St	314 m
Princes Hwy After Bellambi Lane	360 m
Bellambi Lane Before Memorial Dr	398 m
Rothery St At Eager St	407 m

*Within a 4km radius

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Knight Frank Illawarra

Level 3, Suite 301a, 43 Burelli Street

Wollongong, NSW 2500

Property Highlights

Floor Area	8,081 m²
Land Area	Ask Agent
Energy	Ask Agent
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019883309
Category	Factory, Warehouse & Industrial Offices
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.