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SOLD

28 McPherson Street, Banksmeadow, NSW, 2019

Properties / Sold / New South Wales / Banksmeadow

Development Approved

1. Property Summary

Property Type

Industrial

Land Area

4 hectares (*approx)

Selling Method

For Sale: Contact Agent

Show All

2. Property Highlights

INSTITUTIONAL GRADE DEVELOPMENT OFFERING

DA approval for 21,780m² of improvements
Zoned IN1 – General Industrial
Site area of 39,950m²

Colliers are proud to offer 28 McPherson Street, Banksmeadow to the market for sale or lease for 99 years, a rare infill development site with development approval for two high-quality logistics.

Located on the corner of McPherson Street and Nant Street, the 39,950m²* site will offer the incoming purchaser the opportunity to develop a super core industrial & logistics estate of commanding scale, something that has been extremely hard to acquire in the tightly held South Sydney industrial logistics market over the recent years.

With the gentrification of infill industrial areas such as South Sydney, accompanied by the unprecedented demand with both the industrial occupier and capital markets, 28 McPherson Street, Banksmeadow will be the most hotly contested site to come to the market in many years.

Key features of this property:

• DA approval for 21,780m²* of improvements
• Zoned IN1 – General Industrial
• Institutional grade development offering
• $120 million worth of super core industrial & logistics product
• Access to Sydney Airport, the Eastern Distributor, the M5 Motorway and Port Botany
• Potential for two-storey scheme
• Hi-tech design capturing high clearance

*Approx.

For more information, please contact the below exclusive agents:

Gavin Bishop:
0401 146 051
gavin.bishop@colliers.com

Michael Crombie:
0412 903 063
michael.crombie@colliers.com

Sean Thomson
0418 943 452
sean.thomson@colliers.com

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