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CBRE - Western Sydney

11-21 Gardiner Street Rutherford, NSW 2320

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11-21 Gardiner Street,
Rutherford, NSW 2320

Warehouse, Factory & Industrial

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CBRE - Western Sydney
Jason Edge

CBRE - Western Sydney

Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
CBRE - Western Sydney
11-21 Gardiner Street
Rutherford, NSW 2320

Map of 11-21 Gardiner Street

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INCOME PRODUCING LANDBANK

  • Secure Income
  • Strong Annual Rental Reviews
  • Future Development Upside
CBRE and Colliers are pleased to offer for sale 11-21 Gardiner Street, Rutherford forming part of The Diverse Nine Portfolio. The property is available for sale individually or in-one-line via an International Expressions of Interest campaign closing Thursday, 1st June 2023 at 4:00pm (AEST).

Key Highlights:
+ Long and secure 13.4 Year WALE to 100% Bottling Company
+ Income producing landbank with a site area of 40,460 sqm
+ Strong rental review structure of the greater of CPI or 3%, providing an accretive running yield
+ Low site coverage of 17%, providing future redevelopment upside
+ Two street frontages of approximately 150 metres each
+ Multiple buildings with a total GLA of 6,996 sqm
+ Secure Net Passing Income of $1,240,289 p.a. ($177/m²)
+ Part of the rapidly growing regional growth market of the Hunter region
+ Rutherford is the second largest industrial precinct in the Hunter Region and home to many major well-known occupiers including Komatsu, Ausco, Nepean, Anaconda and many more

For further information, please contact the selling agents.

*all figures approximate

Property ID: 504312548Last Updated: 8 Sep 2023

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CBRE - Western Sydney
Level 4 10-14 Smith Street
PARRAMATTA, NSW 2150
Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150

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