Colliers in conjunction with Inglis Property Macarthur has brought 30-34 Edward Street, Camden, to market this week. Taking inspiration from development sites such as The Grounds in Alexandria, Hive Byron Bay and Habitat Byron Bay, The Stockyards of Camden has been designed, and will be built, with the intention of creating a unique destination centre that serves the community and pays homage to Camden’s rich history.
“This exciting opportunity provides investors with the chance to capitalise on a rare flagship project, The Stockyards of Camden, an exceptional concept development likened to The Grounds of Alexandria incorporating an abundance of retail and lifestyle offerings to suit the unique culture of Camden CBD,” Nick Estephen of Colliers explains. “Camden has continuously benefited from very strong economic growth and The Stockyards of Camden is situated at the entry of Camden Town Centre in Sydney’s South-West, approximately 50 kilometres South-West of Sydney CBD and 20 kilometres South of the future Western Sydney Airport.
This Edward Street site offers 2.82 hectares of land and the prospect of a diverse mix of tenancies across all sectors with its flexible B4 mixed-use zoning. With a proposed Gross Floor Area of 15,384sqm, the potential annual income is estimated to be $6.2 million per annum.
The property currently houses the cattle sale yards, which consists of three buildings along Edwards Street, a two-level office building, the stock selling centre and the Stockyard Café. The property is leased to Jim Hindmarsh & Son who run the cattle sale yards, the net income on this tenancy is $150,000 per annum*.
“Benefiting from a generous holding income to Jim Hindmarsh & Son, the property provides great connectivity with surrounding amenities and arterial roads, linking to numerous growth precincts such as the South West Growth Area and Greater Macarthur Growth Area, and will be a key attraction for tourism to Camden,” Anthony Rees of Inglis Property Macarthur says.
The Stockyards of Camden is being offered via an International Expression of Interest campaign, closing on Wednesday the 6th of October 2021.