• For Sale
  • Industrial
Tenanted Investment with Upside
Tenanted Investment with Upside
Tenanted Investment with Upside
Tenanted Investment with Upside
Tenanted Investment with Upside
Tenanted Investment with Upside
Tenanted Investment with Upside
Colliers International are excited to offer 379 Princes Highway, St Peters to the market for sale via Private Treaty. This sale offers a great opportunity to purchase a fully leased investment on a substantial site in a prime location, close to rail and amenity. The site itself provides prominent location in terms of access and visibility. It is located on the corner of the Princes Highway and May Street providing exposure to densely populated road traffic and foot traffic.

Key property features include:

- Substantial 1,008m² site area
- Building area: 400m²
- Ideal for future development
- Potential to owner occupy or invest
- Sydenham Railway station is approximately 800 meters away providing ease of commute
- Moments to the access point of WestConnex
- Net income $145,320
- Prime opportunity located within the true inner west corridor
- Secure tenancies with a car wash facility at the front of the asset and a milk distributor to the rear
- A superb location offering easy access to Sydney’s CBD, the Eastern Suburbs, Sydney Domestic and International Airport
- High demand within the precinct
- Asset is positioned on a prominent corner on the Princes Highway
- 10 x car spaces

Tenancy Details:

Classic 1 Hand Carwash is occupied until 2024 and Wimborne Fresh Foods occupied until June 2019. As the factory is equipped with a grease arrestor (ideal for food preparation), it is considered in high demand and believe that this will generate an income that can provide an uplift in revenue.

If you require any further information or to organise an inspection please don’t hesitate contacting me.

Property Details