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Cushman & Wakefield - Sydney

8 Glastonbury Avenue Unanderra, NSW 2526

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8 Glastonbury Avenue,
Unanderra, NSW 2526

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

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Cushman & Wakefield - Sydney

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Sydney
8 Glastonbury Avenue
Unanderra, NSW 2526

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Prime Industrial Investment – Huge exposure to Princes Motorway

  • 10 year lease commenced May 2019
  • 2,270 sqm land area
  • Net Income $99,024 pa + GST
Cushman & Wakefield is pleased to present a unique QLD & NSW property portfolio to the open market. The portfolio consists of 6 stand-alone assets available to purchase individually or in one-line.

The property has the following key characteristics:

• Brand new 10 year leases commenced May 2019
• Regular industrial allotment 2,270sqm with massive exposure to the bustling Princes Motorway
• Ideally combined with 10-12 Glastonbury Avenue to make 5,942sqm future development opportunity
• Prime industrial allotment of 2,270 sqm and 732 sqm building area
• Only 33% site cover providing future development additions and assured capital growth
• Unanderra is a key industrial precinct servicing the greater Illawarra economic region. Known as Australia’s major steel making and coal mining export hubs, the Port Kembla Steelworks receives daily rail deliveries direct from mine sites into its major blast furnace operation and is also home to BlueScope’s largest global steel operation
• Port Kembla, a diverse commodity based deep water port servicing general cargo, agricultural, bulk product exports and is NSW’s largest motor vehicle import terminals.

Cushman & Wakefield invite you to take advantage of this unique investment opportunity with multiple assets available for purchase individually or in one-line. The Cram Fluid Power Portfolio is for sale via Expressions of Interest closing Wednesday 28 August 2019 at 4pm.

Cram Portfolio Details:
• Bite sized assets starting under $1,000,000 sale prices backed by Fortune 500 Multinational
• Cram Fluid Power is an industry leading Hydraulic & Power Fluid business with operations in QLD, NSW & WA, locally owned by the Inenco Group (Consolidated Bearings, Hardy Spicer)
• Wholly owned subsidiary of Genuine Parts Company (NYSE:GPC), a Fortune 500 American multinational with a Market Cap of $US15.4 Billion. Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram


Exclusive Agents:

Anthony Bray 0419 322 233
Anthony.Bray@cushwake.com

Aaron Dahl 0411 510 979
Aaron.Dahl@cushwake.com

*approx

Property ID: 503268822Last Updated: 20 Oct 2019

Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Brisbane
Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000

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