48-50 Waterview Street Carlton NSW 2218

Colliers is pleased to present an outstanding sale opportunity at 48-50 Waterview Street, Carton. The auction allows the public access to this premium property for the first time in 23 years.

This is an exciting opportunity for any savvy investor, owner occupier or developer to acquire a levelled land parcel with holding income in one of the most tightly held industrial precincts of Southern Sydney. The subject site is a substantial industrial holding, which is currently set over two separate lots, allowing for a wide range of sale opportunities. The site features three solid warehouse constructions which include warehouse areas, offices areas, reception areas, allocated amenities, car parking and hardstand areas.

48-50 Waterview Street presents the following features:
- Site area 2,327m²* over 2 lots
- Total building areas totalling 1,519m²*
- Current income of $151,956* per annum gross + GST with huge rental growth
- Two tenants on short term leases which gives the opportunity to take possession in the short term
- Future industrial development with the current FSR 1:1 & height limit of 12m (STCA)
- Three (3) existing warehouses which are fully functional & operational
- Situated in an established and tightly held industrial pocket of Carlton
- Zoned IN2 Light industrial
- Strong confidence in the local industrial market
- 33m* frontage to Waterview Street
- High power supply of 300 AMPS* in Building 48
- Easy access to Princes Highway
- Suitable for owner occupiers or developers

*Approximately

The property is being sold via an On-Site Public Auction on Thursday 7th July 2022 at 1:30pm (AEST), unless sold prior.

For further information and to request an inspection, please contact the Colliers exclusive sale agents.

Edward McFarland
0401 868 376

Trent Gallagher
0432 242 063

John Tsoutsa
0452 236 780