28B McPherson Street,
Banksmeadow, NSW 2019

Warehouse, Factory & Industrial

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Map of 28B McPherson Street

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14.3 Year Lease to Australian Federal Government

+ Net passing income of $2,653,049 p.a.
+ 15 year lease term commencing 15 January 2018
+ Strong annual rental growth fixed at 4.0%
+ Site area of 22,790sqm*
+ Strategic South Sydney location approximately 5 kilometres* from Sydney International Airport and 0.7 radial kilometres from the Port of Sydney
+ Tenant: Commonwealth of Australia, as represented by the Department of Home Affairs
+ The Banksmeadow site was developed to provide collocated accommodation for detector dog operations of:
• Australian Border Force
• Australian Federal Police (AFP)
• Department of Agriculture and Water Resources
+ Modern (2018) world class facility with depreciation benefits
*approximate

For Sale via an expressions of interest campaign closing Thursday 13th September 2018 at 4.00pm (AEST)