118-124 Bourke Road,
Alexandria, NSW 2015
Offices • Warehouse, Factory & Industrial • Development Sites & Land
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Sale - Expression of Interest
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CBRE - South Sydney
Ground Floor 2B, 2-12 Lord StreetBOTANY, NSW 2019
118-124 Bourke Road
Alexandria, NSW 2015
Map of 118-124 Bourke Road
Generational Core Investment Opportunity
- Modern 9,909m² building
- Attractive WALE of 4.2 years
- Blue-chip tenant covenants
Colliers, in conjunction with CBRE, as exclusive selling agents, are pleased to introduce 118-124 Bourke Road, Alexandria to the market for sale. This property presents an exceptional opportunity to acquire a flexible core and core plus investment strategically located in the highly coveted Alexandria industrial market, underpinned by blue-chip tenant covenants, mainly Tesla Motors and Seven Network.
Situated on a substantial 12,530m² land parcel, the property features high-quality and versatile building improvements totalling 9,909m². Its prime location offers unparalleled access to key Sydney transport infrastructure, including Sydney Kingsford Smith Airport, Port Botany, and the WestConnex Motorway.
Key Investment Highlights:
- Exceptional investment opportunity to secure a modern 9,909m² freehold building within the heart of southern Alexandria.
- Impressive 12,530m² landholding within one of Australia’s most coveted precincts.
- Unparalleled proximity to key Sydney transport infrastructure, including the Sydney Kingsford Smith Airport, Port Botany, the WestConnex Motorway as well as the M1 and M5 Motorways.
- Attractive WALE (by income) of 4.2 years, providing a strong running yield and stable returns.
- Net passing income of $2,463,629 ($249/m²) per annum, underpinned by blue-chip tenant covenants.
- Assessed net market income of $4,310,198 ($435/m²) per annum, representing a 75% uplift from current levels.
All figures are approximate.
118-124 Bourke Road, Alexandria is offered for sale via an International Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Tuesday, 1st October 2024.
Situated on a substantial 12,530m² land parcel, the property features high-quality and versatile building improvements totalling 9,909m². Its prime location offers unparalleled access to key Sydney transport infrastructure, including Sydney Kingsford Smith Airport, Port Botany, and the WestConnex Motorway.
Key Investment Highlights:
- Exceptional investment opportunity to secure a modern 9,909m² freehold building within the heart of southern Alexandria.
- Impressive 12,530m² landholding within one of Australia’s most coveted precincts.
- Unparalleled proximity to key Sydney transport infrastructure, including the Sydney Kingsford Smith Airport, Port Botany, the WestConnex Motorway as well as the M1 and M5 Motorways.
- Attractive WALE (by income) of 4.2 years, providing a strong running yield and stable returns.
- Net passing income of $2,463,629 ($249/m²) per annum, underpinned by blue-chip tenant covenants.
- Assessed net market income of $4,310,198 ($435/m²) per annum, representing a 75% uplift from current levels.
All figures are approximate.
118-124 Bourke Road, Alexandria is offered for sale via an International Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Tuesday, 1st October 2024.
Property ID: 504678436Last Updated: 29 Sep 2024
CBRE - South SydneyGround Floor 2B, 2-12 Lord Street
BOTANY, NSW 2019
BOTANY, NSW 2019
Colliers - Sydney SouthBuilding 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
MASCOT, NSW 2020
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