1 Kingston Street,
Botany, NSW 2019
Warehouse, Factory & Industrial
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Cushman & Wakefield - Sydney
Level 22, 1 O'Connell StreetSYDNEY, NSW 2000
1 Kingston Street
Botany, NSW 2019
Map of 1 Kingston Street
High yielding freehold industrial investment
- Current passing rent: $151,209 NET PA
- Set and forget style investment
- Commercial yield on residential zoning
Cushman & Wakefield are thrilled to bring to the market for sale via an Expressions of Interest Campaign – 1 Kingston Street, Botany.
This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.
Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.
Key features include the following:
• 910 sqm* total building area
• 755 sqm* site area
• 22.75 m* street frontage
• Freehold tenanted investment
• Strong covenant
• For sale as a going concern
• Strong long-standing covenant in place
• Add-value potential with CPI increases
• R2 Zoning - development upside STCA
For more information, please enquire with the exclusive selling agents.
*Approximate
This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.
Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.
Key features include the following:
• 910 sqm* total building area
• 755 sqm* site area
• 22.75 m* street frontage
• Freehold tenanted investment
• Strong covenant
• For sale as a going concern
• Strong long-standing covenant in place
• Add-value potential with CPI increases
• R2 Zoning - development upside STCA
For more information, please enquire with the exclusive selling agents.
*Approximate
Property ID: 504537680Last Updated: 22 Oct 2024
Cushman & Wakefield - SydneyLevel 22, 1 O'Connell Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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