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CBRE - Western Sydney

250 Victoria Street Wetherill Park, NSW 2164

Directions

250 Victoria Street,
Wetherill Park, NSW 2164

Development Sites & Land

Price information

Sale - Expression of Interest

Contact Agent

Detailed listing

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$3,010,000
Number of Tenants
1 Tenant
Tenants / Type
Manheim Pty Ltd

Private inspections

to arrange a private inspection.
CBRE - Western Sydney
Shaun Timbrell
Jason Edge
Elijah Shakir

CBRE - Western Sydney

Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
CBRE - Western Sydney
250 Victoria Street
Wetherill Park, NSW 2164

Detailed listing

Map of 250 Victoria Street

Directions

Land rich asset with develop to core prospects

  • Substantial land holding of 8.62 ha
  • Suitable for data centre/industrial uses
  • Flexible site with high exposure
CBRE is pleased to exclusively offer for sale 250 Victoria Street, Wetherill Park. This asset represents a rare opportunity to acquire an infill site with short term income offering future development potential (STCA).

Key highlights include:

- Substantial land holding of 8.62 hectares
- High exposure site with multiple frontages to Victoria and Redfern Streets
- Flexible site with future redevelopment upside (STCA)
- Short term holding income of 0.7 years (as at 1 October 2024) plus a 6 month option
- Absolute core last mile location within proximity to large residential catchments
- Zoned E4 General Industrial
- Tightly held and land constrained Metro West precinct
- Excellent access to surrounding major road networks including Cumberland Highway, Prospect Highway, M4 and the M7
- Leased to Manheim Pty Limited, generating a gross passing income of $3,010,000 pa
- Development application for the construction of a temperature-controlled warehouse and distribution facility of 70,128 sqm
- The site has been recognised as suitable for data centre development*

The property is offered for sale via an Expressions of Interest closing Thursday 31st October 2024 at 4:00pm AEDT (subject to change, pending Power application).

*HDR Data Centre Due Diligence Report 20 Sept 2024

all figures approx.

Property ID: 504703556Last Updated: 21 Oct 2024

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