15 Britton Street,
Smithfield, NSW 2164
Warehouse, Factory & Industrial
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CBRE - Western Sydney
Level 4 10-14 Smith StreetPARRAMATTA, NSW 2150
15 Britton Street
Smithfield, NSW 2164
Map of 15 Britton Street
LAND RICH INVESTMENT
- Significant Rental Upside
- Value Add Potential
- Unlimited FSR and Height Controls
CBRE and Colliers are pleased to offer for sale 15 Britton Street, Smithfield 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:
+ Strategic WALE of 0.8 year
+ Ability to capture significant rental upside in the short term
+ Value add potential with the ability to reposition existing improvements or full redevelopment
+ Low site coverage of 39% with a Total Site Area of 32,480 sqm
+ Significant 270m frontage to Britton Street
+ Large power supply with unlimited FSR and height controls, suited to multistorey logistics or data centre users
+ High underlying land value estimated at approximately 89% of the overall value
+ Food production and manufacturing facility across three freestanding buildings with a total GLA of 12,797 sqm
+ Secure Net Passing Income of $1,570,021 p.a. ($123/m²) (including forecast CPI rent review)
+ Net Market Income of $2,341,888 p.a. ($183/m²)
+ Leased to Snackbrands who manufacture chip products
+ Smithfield is one of Sydney’s strongest and most highly sought after institutional grade investment markets
For further information, please contact the selling agents.
*all figures approximate
Key Highlights:
+ Strategic WALE of 0.8 year
+ Ability to capture significant rental upside in the short term
+ Value add potential with the ability to reposition existing improvements or full redevelopment
+ Low site coverage of 39% with a Total Site Area of 32,480 sqm
+ Significant 270m frontage to Britton Street
+ Large power supply with unlimited FSR and height controls, suited to multistorey logistics or data centre users
+ High underlying land value estimated at approximately 89% of the overall value
+ Food production and manufacturing facility across three freestanding buildings with a total GLA of 12,797 sqm
+ Secure Net Passing Income of $1,570,021 p.a. ($123/m²) (including forecast CPI rent review)
+ Net Market Income of $2,341,888 p.a. ($183/m²)
+ Leased to Snackbrands who manufacture chip products
+ Smithfield is one of Sydney’s strongest and most highly sought after institutional grade investment markets
For further information, please contact the selling agents.
*all figures approximate
Property ID: 504312568Last Updated: 29 Sep 2023
CBRE - Western SydneyLevel 4 10-14 Smith Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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