Colliers are pleased to market for sale 36-38 Raymond Avenue, Matraville a dynamic opportunity to secure a High-Tech Industrial Estate of six (6) premium units in one line ranging from 171m² to 208m²*.
'The Avenue' is sitting on 1,457m²* of land in one of the country's most tightly held industrial precincts Matraville, just a stone's throw away from Port Botany and Foreshore Road making this location second to none for industrial occupiers/investors.
This high-quality facility has no expense spared designer finishes combined with a functional layout will ensure this prized facility will always be in high demand.
This on-grade estate is currently fully leased, noting 3 out of 6 units have lease expiries over the next 5 months ensuring strong rental reversion for investors seeking to take advantage of the current lack of supply and furthermore increasing industrial rents within the region.
For owner occupiers, this is a chance to secure an estate of six (6) units and move their business into any of the three (3) units shortly after settlement, whilst continuing to collect increasing rental income.
Key Features include the following:
- Quality industrial facility offered for sale in one line
- Unit sizes from 171m² to 208m²*
- Total building area of 1,107m²*
- Total land size of 1,457m²*
- Market rental income $498,150 per annum + GST ($450/m²)
- Current fully net leased income of $411,024 per annum + GST ($371/m²)*
- IN1 - General Industrial land zoning under SEPP (Transport and Infrastructure) 2021 Three Ports
- 3 out of 6 units with lease expiries over the next 5 months
- Guaranteed rental reversion
- Secure and gated boutique estate
- Ability to be a bullet-proof / hassle free investment
- Strategic location moments to Port Botany
- Located in one of Australia's most tightly held industrial precincts
*Approximately
36-38 Raymond Avenue, Matraville is being offered for sale via Private Treaty.
For more information and or to arrange an inspection, please enquire with the exclusive sales agents.