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Smithfield Central Industrial Estate 338-350 Woodpark Road & 1 Dupas Street, Smithfield, NSW 2164

Name: Smithfield Central Industrial Estate 338-350 Woodpark Road & 1 Dupas Street, Smithfield, NSW 2164
Address: Central Industrial Estate 338-350 Woodpark Road & 1 Dupas Street , NSW, Smithfield, NSW, 2164
Telephone: +61 418 943 452

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SOLD

Smithfield Central Industrial Estate 338-350 Woodpark Road & 1 Dupas Street, Smithfield, NSW 2164

Properties / Sold / New South Wales / Smithfield

Development Potential

1. Property Summary

Property Type

Industrial

Land Area

33,988 m² (*approx)

Selling Method

EOI: Closing 3:00pm (AEST) Wednesday, 17th May 2023

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2. Property Highlights

Significant Value-Add Opportunity of Scale

Total Building Area of 17,746m²
Total Land Area of 33,988m²
Short WALE of 1.7-years

Colliers, as exclusive selling agents, are pleased to offer for sale 338-350 Woodpark Road & 1 Dupas Street, Smithfield (Smithfield Central Industrial Estate), a multi-let industrial estate located within one of Australia’s best performing institutional-grade investment markets.

Underpinned by unlimited value enrichment opportunities and further supported by a tailwind of strong investment fundamentals, the offering benefits from the following captivating features:

- Highly functional building improvements totaling 17,746m²

- Large, combined site area of 33,988m² providing strategic scale in a tightly held and land constrained market

- Short WALE of 1.7-years allows the opportunity for strategic value-add initiatives to be implemented almost immediately

- The favourable planning controls allow for higher order redevelopment prospects including multistorey logistics facilities or data centres

- Net passing income of $2,137,651 ($120/m²) per annum, substantially below assessed market levels

- Exceptional access to major arterial road networks such as Cumberland Highway, which leads to the M4 & M7 motorways connecting the site the greater metropolitan Sydney

All figures are approximate.

338-350 Woodpark Road & 1 Dupas Street, Smithfield, is being offered for sale via an Expressions of Interest campaign closing 3:00pm (AEST) Wednesday, 17th May 2023.

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Industrial

Land Area

33,988 m² (*approx)

Selling method

EOI: Closing 3:00pm (AEST) Wednesday, 17th May 2023

2. Property Highlights

Significant Value-Add Opportunity of Scale

Total Building Area of 17,746m²
Total Land Area of 33,988m²
Short WALE of 1.7-years

Underpinned by unlimited value enrichment opportunities and further supported by a tailwind of strong investment fundamentals, the offering benefits from the following captivating features:

- Highly functional building improvements totaling 17,746m²

- Large, combined site area of 33,988m² providing strategic scale in a tightly held and land constrained market

- Short WALE of 1.7-years allows the opportunity for strategic value-add initiatives to be implemented almost immediately

- The favourable planning controls allow for higher order redevelopment prospects including multistorey logistics facilities or data centres

- Net passing income of $2,137,651 ($120/m²) per annum, substantially below assessed market levels

- Exceptional access to major arterial road networks such as Cumberland Highway, which leads to the M4 & M7 motorways connecting the site the greater metropolitan Sydney

All figures are approximate.

338-350 Woodpark Road & 1 Dupas Street, Smithfield, is being offered for sale via an Expressions of Interest campaign closing 3:00pm (AEST) Wednesday, 17th May 2023.

Remember to mention you found this property on DevelopmentReady

Development Potential