Rare opportunity to acquire a highly functional industrial warehousing and manufacturing facility

30-32 Bessemer Street, Blacktown, New South Wales 2148

Industrial For Sale

Expressions of Interest. EOI Date 29 Mar 2019
Land Area: 44,800.00 m2.    Floor Area: 20,149.00 m2.    

Description

The Sydney Centric Portfolio

Colliers International in conjunction with JLL, have the pleasure in offering the opportunity to acquire 30-32 Bessemer Street, Blacktown as part of the Sydney Centric Portfolio.

The property is underpinned by its scale, exceptional lease covenant in Snackbrands, WALE of 6.8 years, strong 3.50% annual rental review structure and core North Western Sydney industrial location.

Building improvements include warehousing accommodation split across four separate buildings, office accommodation presenting to a good standard, excellent warehouse clearance of up to 13.7 metres, access to the warehouse via numberous on-grade roller shutter doors and full drive around truck access with multiple (x5) ingress and egress points from its dual street frontages to both Bessemer St and Gate Rd.

Located in the North West industrial precinct of Blacktown, the property benefits from its proximity to Sunnyholt Road and the M7 Motorway.

- Net passing income: $2,331,053 p.a.
- Building area: 20,149m²
- Site area: 44,800m²
- WALE: 6.8 years (as at 1 March 2019)

Key investment highlights include:
• Rare opportunity to acquire a highly functional industrial warehousing and manufacturing facility located in one of the strongest investment markets of Sydney
• Excellent access to the M7 Motorway, Blacktown Train Station and the Blacktown CBD
• Strong lease covenant to Snackbrands Australia who have occupied the property for many years
• Long WALE of 6.8 years providing security of income for years to come
• Full drive around truck access with multiple (x5) ingress and egress points from its dual street frontages to both Bessemer St and Gate Rd.
• Significant power supply to the site
• Multiple street frontages and low site coverage of 45% offering value add opportunities through development in the future
• Further value-add opportunities in the future to reposition the site over time to create a multi-unit estate while utilising the existing improvements

The property will be sold via an International Expressions of Interest Campaign closing 4:00pm AEST Friday the 29th of March 2019.

For further information or to arrange an inspection, please contact the Colliers International or JLL exclusive selling agents below.

'TSCP'

Features

  • Strong lease covenant to Snackbrands Aus
  • Excellent access to major roads
  • Long WALE of 6.75 years

Specifications

Clear Height 5 - 13.7 m
Council Blacktown City Council

Map

Open in a new window

Contact Us

Share This Property
For further details, contact:
Close
Saved Properties
Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.