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40A-42 Maddox Street, Alexandria, NSW 2015

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40A-42 Maddox Street, Alexandria, NSW 2015

40A-42 Maddox Street, Alexandria, NSW 2015

Properties / Buy / New South Wales / Alexandria
Development Potential

1. Property Summary

Property Type
Industrial
Sub Type
Land Site
Land Area
5,615 m² (*approx)
Zoning
E3 Productivity Support
Selling Method
EOI: Contact Agent
EOI Closing Date
19 Jun 2024 03:00PM
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2. Property Highlights

Unique Land Rich Holding with Immense Character
  • 2,480m² freestanding character building
  • Suitable for a variety of uses
  • Land rich location with ample parking

Colliers, in conjunction with IB Property are pleased to present to the market for sale 40A-42 Maddox Street, Alexandria, offering a unique opportunity to secure this freestanding building within the heart of Alexandria. The property is highly functional with immense character, currently utilised as an art gallery/film studio.

The property is offered with vacant possession or subject to a monthly lease, allowing for immediate occupation.

Key Property Highlights:

- Beautifully renovated 2,480m² heritage listed industrial/office workspace

- Short-term holding income of $701,000 ($286.66/m²) per annum + Outgoings

- Assessed net market income of $1,420,000 ($572.58/m²) per annum, providing significant uplift from current levels

- Land rich opportunity of 5,615m² with the ability to occupy in July 2024

- Extremely scarce abundance of car parking with 60 + spaces on-site

- Prime Northern Alexandria location beaming with new development

- Excellent access provided via three separate streets

- Highly flexible E3 Productivity Support zoning offering significant value-add and development potential with a 1.5:1 FSR and 18 metre height limit

- Strategically located within close proximity to Green Square train station, Sydney Airport, Port Botany and the Sydney CBD

All figures are approximate.

40A-42 Maddox Street, Alexandria is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Wednesday, 19th June 2024.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Industrial
Sub-type
Land Site
Land Area
5,615 m² (*approx)
E3 Productivity Support
Selling method
EOI: Contact Agent
EOI Closing Date
19 Jun 2024 03:00PM

2. Property Highlights

Unique Land Rich Holding with Immense Character
  • 2,480m² freestanding character building
  • Suitable for a variety of uses
  • Land rich location with ample parking

Colliers, in conjunction with IB Property are pleased to present to the market for sale 40A-42 Maddox Street, Alexandria, offering a unique opportunity to secure this freestanding building within the heart of Alexandria. The property is highly functional with immense character, currently utilised as an art gallery/film studio.

The property is offered with vacant possession or subject to a monthly lease, allowing for immediate occupation.

Key Property Highlights:

- Beautifully renovated 2,480m² heritage listed industrial/office workspace

- Short-term holding income of $701,000 ($286.66/m²) per annum + Outgoings

- Assessed net market income of $1,420,000 ($572.58/m²) per annum, providing significant uplift from current levels

- Land rich opportunity of 5,615m² with the ability to occupy in July 2024

- Extremely scarce abundance of car parking with 60 + spaces on-site

- Prime Northern Alexandria location beaming with new development

- Excellent access provided via three separate streets

- Highly flexible E3 Productivity Support zoning offering significant value-add and development potential with a 1.5:1 FSR and 18 metre height limit

- Strategically located within close proximity to Green Square train station, Sydney Airport, Port Botany and the Sydney CBD

All figures are approximate.

40A-42 Maddox Street, Alexandria is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) Wednesday, 19th June 2024.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

40A-42 Maddox Street, Alexandria, NSW 2015

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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40A-42 Maddox Street, Alexandria, NSW 2015 Alexandria
IB Property
IB Property
Suite 5.01/10-14 Waterloo Street, Surry Hills, NSW 2010
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