118-124 Bourke Road,
Alexandria, NSW 2015
Offices • Warehouse, Factory & Industrial • Development Sites & Land
Price information
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
Train stations within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015 Distance Green Square Train Station 1.2 km Mascot Station 1.2 km St Peters Station 1.4 km Erskineville Station 1.6 km Waterloo Station 2 km POWERED BY HERE ©Tram stops within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015 Distance Surry Hills Light Train Station 3.3 km Central Chalmers Street 3.5 km Central Station Light Rail 3.7 km Paddy's Markets Light Rail Station 3.8 km Capitol Square Light Rail Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015 Distance Bourke Rd Before Huntley St 135 m Bourke Rd Opp Doody St 212 m Bourke Rd Before Doody St 221 m Huntley St Near Bourke Rd 272 m Bourke Rd at Collins St 406 m POWERED BY HERE ©
POWERED BY HERE ©
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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