Learn more about this property online at:
https://www.colliers.com.au/p-aus66017509
https://www.colliers.com.au/p-aus66017509
- For sale
Colliers, on behalf of Centennial Industrial & Logistics, are pleased to offer for sale 17 Milperra Road, Revesby, a functional food-grade facility, located within one of Sydney’s most tightly held infill industrial and logistics precincts.
Underpinned by a highly sophisticated fit out and versatile improvements, the offering benefits from multiple appealing investment and occupier characteristics including;
- Extensively refurbished facility totaling 2,845m²*
- High quality internal food-grade fitout
- Land rich regular shaped 6,342m²* (45% site coverage) freehold land holding enjoying multiple ingress and egress points and main road exposure
- Long WALE of 10.8 years, leased to Birch & Waite Foods
- Net passing rental income of $769,651 per annum
- Ideally positioned for an investor to capitalise on the growth of the defensive, non-discretionary food sector, which has been defined as an essential industry
- Potential opportunity to expand facility in line with the tenant’s growth needs and reposition the asset
- Revesby is a land constrained market, supporting strong future rental / capital growth prospects and is further set to benefit from the rapid growth of e-commerce
- Strategic location offering excellent access to existing precinct amenity and major road infrastructure including Milperra Road & the M5 Motorway
17 Milperra Road, Revesby is being offered for sale via Expressions of Interest closing 12:00pm (AEST) Wednesday, 3rd August 2022.
Underpinned by a highly sophisticated fit out and versatile improvements, the offering benefits from multiple appealing investment and occupier characteristics including;
- Extensively refurbished facility totaling 2,845m²*
- High quality internal food-grade fitout
- Land rich regular shaped 6,342m²* (45% site coverage) freehold land holding enjoying multiple ingress and egress points and main road exposure
- Long WALE of 10.8 years, leased to Birch & Waite Foods
- Net passing rental income of $769,651 per annum
- Ideally positioned for an investor to capitalise on the growth of the defensive, non-discretionary food sector, which has been defined as an essential industry
- Potential opportunity to expand facility in line with the tenant’s growth needs and reposition the asset
- Revesby is a land constrained market, supporting strong future rental / capital growth prospects and is further set to benefit from the rapid growth of e-commerce
- Strategic location offering excellent access to existing precinct amenity and major road infrastructure including Milperra Road & the M5 Motorway
17 Milperra Road, Revesby is being offered for sale via Expressions of Interest closing 12:00pm (AEST) Wednesday, 3rd August 2022.
