High yielding freehold industrial investment
1 Kingston Street Botany NSW 2019
Key Property Highlights
| Building Area | 910 sqm |
|---|---|
| Parking | 2 |
| Listing Status | Current |
Cushman & Wakefield are thrilled to bring to the market for sale via an Expressions of Interest Campaign – 1 Kingston Street, Botany.
This is a rare opportunity to acquire a high yielding set and forget style asset providing a commercial return while located on a residentially zoned site with upside STCA. The opportunity will appeal to investors looking for a passive net return benefited by a strong existing covenant in place and value-add opportunities at the lease expiry. The property will also appeal to owner occupiers looking to secure business operations in 2025.
Prime location situated just 50m from Botany Road, moments to Port Botany, Sydney Airport, Wentworth Avenue, M5, Eastern Distributor and the CBD.
Key features include the following:
• 910 sqm* total building area
• 755 sqm* site area
• 22.75 m* street frontage
• Freehold tenanted investment
• Strong covenant
• For sale as a going concern
• Strong long-standing covenant in place
• Add-value potential with CPI increases
• R2 Zoning - development upside STCA
The Expressions of Interest Campaign closes on 11 April 2024 at 4:00pm (AEDT), if not sold prior.
For more information, please enquire with the exclusive selling agents.