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CBRE - South Sydney

118-124 Bourke Road Alexandria, NSW 2015

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118-124 Bourke Road,
Alexandria, NSW 2015

Offices • Warehouse, Factory & Industrial • Development Sites & Land

Price information

Sale - Expression of Interest

Please contact agent

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
CBRE - South Sydney
Jason Edge
Nathan Egan

CBRE - South Sydney

Ground Floor 2B, 2-12 Lord Street
BOTANY, NSW 2019
CBRE - South Sydney
118-124 Bourke Road
Alexandria, NSW 2015

Map of 118-124 Bourke Road

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  • Train stations within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015Distance
    Green Square Train Station1.2 km
    Mascot Station1.2 km
    St Peters Station1.4 km
    Erskineville Station1.6 km
    Waterloo Station2 km
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  • Tram stops within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015Distance
    Surry Hills Light Train Station3.3 km
    Central Chalmers Street3.5 km
    Central Station Light Rail3.7 km
    Paddy's Markets Light Rail Station3.8 km
    Capitol Square Light Rail Station3.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 118-124 Bourke Road, Alexandria, NSW 2015Distance
    Bourke Rd Before Huntley St135 m
    Bourke Rd Opp Doody St212 m
    Bourke Rd Before Doody St221 m
    Huntley St Near Bourke Rd272 m
    Bourke Rd at Collins St406 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.

Property ID: 504678436Last Updated: 29 Sep 2024

CBRE - South Sydney
Ground Floor 2B, 2-12 Lord Street
BOTANY, NSW 2019
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020

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