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Large Scale & Prominent Industrial Unit - #1
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For Sale

Expressions of Interest closing 4th May 2023 Alexandria
Colliers are pleased to exclusively bring to market Unit 8, 119-133 McEvoy Street, Alexandria for Sale via Expressions of Interest closing Thursday 4th May 2023 at 2:00pm (AEST).

This is a dynamic & rare opportunity to secure a large-scale industrial unit within the premium and tightly held Alexandria precinct with the ability to occupy almost immediately.

The site is comprised of a high clearance/clear span warehouse with up to 8m internal height, street fronting showroom with large scale exposure, highly functional office space, and 15 x exclusive parking spaces on title.

The unit is currently tenanted however the lease expires in August 2023 meaning this prime offering is ready to occupy almost immediately after settlement whilst still being a going concern and collecting income. Current income is $389,450 NET PA + 100% of outgoings + GST.

The property is suitable for a wide range of users due to its highly functional design and ability to not only house a substantial level of staff, but also its central location being so well serviced by transport and amenity.

Purchase a prominent industrial unit with passing income and begin operating business out of there within 5 months’ time.

Key features of this property include:

-Ability to occupy almost immediately
-1,731m²* of total building area
-High exposure location, showroom fronting McEvoy Street, Alexandria
-Net income of $389,450 PA ($32,449.24 NET per month)*
-Tenant pays 100% of outgoings
-15 x exclusive parking spaces
-Roller door access into the rear (warehouse)
-High clearance/clear span warehouse (8m height)
-Ground floor warehouse + showroom (1,310m²*)
-Well-appointed mezzanine office (421m²*)
-Flexible B4 Mixed Use Zoning
-Unit 8 has the largest unit entitlement within the estate and has huge future development uplift.
-Strategic and central location close to rail and transport services
-Highly desirable for investors, enormous rental uplift within the precinct
-Suitable for a wide range of occupiers/businesses

*Figures and outlines are approximate


Expressions of Interest closing Thursday 4th May 2023 at 2:00pm (AEST) unless sold prior.
  • 03/05/2023
  • Contact our experts for details on this transaction