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SOLD

5 Erith Street, Botany, NSW, 2019

Properties / Sold / New South Wales / Botany

Development Potential

1. Property Summary

Property Type

Industrial

Land Area

2,023 m² (*approx)

Selling Method

EOI: Closing 4pm Thursday 13th August 2020

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2. Property Highlights

SUPERB FREEHOLD TENANTED INVESTMENT WITH STANDALONE BUILDINGS

Split risk tenanted investment
Freehold site with standalone buildings
Brewery in front refurbished building

Savills South Sydney is proud to bring 5 Erith Street, Botany to the market for sale via an Expressions of Interest campaign, closing 4pm Thursday 13 August 2020.

5 Erith Street, Botany is a ‘set and forget’ style investment opportunity that awaits an acute investor looking to acquire a strong return with future land bank upside. It is extremely well located in the heart of Botany’s up and coming commercial and industrial precinct, which compliments the local brewery occupying the front refurbished building.

Key property features include:

Site area: 2,023sq m*
Total building area: 1,365sq m*
Outstanding annual passing gross rent of 304,898 + GST
Strong attractive WALE - 2.56 years
4% fixed annual rental increases
Superb tenant covenants in One Drop Brewing Co, Plan A Logistics and Dig Deep Promotion
Positioned in the up and coming Botany commercial and industrial precinct – One Drop Brewing Co is a leader in the adaptive reuse of industrial buildings in Botany
Central location - 15 mins* to Sydney’s CBD and just 5 mins* to Port Botany and Sydney Airport
Zoning: IN1 General Industrial

For further information or to inspect please contact the exclusive selling agents.

*Approx.

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