BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Multi-Tenanted Investment with Huge Upside\nCBRE and Urbis are pleased to offer for sale\, 9-11 Butterfield Street\, Blacktown NSW.\n\nTh e asset presents a compelling opportunity to acquire two freestanding indu strial buildings on a low site coverage landholding of 1.638 hectares with in the tightly held Kings Park-Blacktown industrial precinct. With a site coverage of approximately 32%\, the property benefits from strong underlyi ng land value and meaningful rental reversion potential\, with passing ren ts assessed at approximately 48% below current market levels. \n\nBoth bui ldings are tenanted\, producing a combined gross passing income of $1\,166 \,295 per annum* with a WALE of 2.4 years. The gross lease structure\, nea r-term lease expiries and low site coverage create a clear pathway for inv estors to rebase rents to market and explore further development of the si te (STCA). \n\nOpportunity Highlights:\n+ 1.638 ha landholding across two separate lots\n+ Low site coverage of approximately 32%\, providing future development potential (STCA)\n+ Net passing rents assessed at approximate ly 48% below current market\, offering significant rental reversion upside \n+ Two income-producing buildings with a combined GLA of 5\,238 sqm\n+ Fi ve-tonne gantry crane in place\, suiting engineering and manufacturing occ upiers\n+ Gross passing income of $1\,166\,295 per annum across two tenanc ies\n+ Near term lease expiries which provide a full market review at opti on\n+ Strong underlying land value\n+ Located within the land-constrained Blacktown precinct\n+ Approximately 35km west of the Sydney CBD\n\nThe pro perty is offered for sale via Expressions of Interest closing Thursday 15t h October 2026 at 4:00pm AEDT.\n\n*Assuming a 3.5% rent increase in July 2 6 for Freyssinet Australia Pty Ltd\n\nAll figures approximate DTEND:20261015T160000 DTSTAMP:20260918T031025Z DTSTART:20261015T160000 LOCATION: SEQUENCE:0 SUMMARY:Expression Of Interest: 9-11 Butterfield Street\, Blacktown NSW UID:CRE-2021167440-EOI X-ALT-DESC;FMTTYPE=text/html:

Multi-Tenanted Investment with Huge U pside
CBRE and Urbis are pleased to offer for sale\, 9-11 Butterfiel d Street\, Blacktown NSW.

The asset presents a compelling opp ortunity to acquire two freestanding industrial buildings on a low site co verage landholding of 1.638 hectares within the tightly held Kings Park-Bl acktown industrial precinct. With a site coverage of approximately 32%\, t he property benefits from strong underlying land value and meaningful rent al reversion potential\, with passing rents assessed at approximately 48% below current market levels.

Both buildings are tenanted\, p roducing a combined gross passing income of $1\,166\,295 per annum* with a WALE of 2.4 years. The gross lease structure\, near-term lease expiries a nd low site coverage create a clear pathway for investors to rebase rents to market and explore further development of the site (STCA).

Opportunity Highlights:
+ 1.638 ha landholding across two separate lots
+ Low site coverage of approximately 32%\, providing future de velopment potential (STCA)
+ Net passing rents assessed at approxima tely 48% below current market\, offering significant rental reversion upsi de
+ Two income-producing buildings with a combined GLA of 5\,238 sq m
+ Five-tonne gantry crane in place\, suiting engineering and manuf acturing occupiers
+ Gross passing income of $1\,166\,295 per annum across two tenancies
+ Near term lease expiries which provide a full market review at option
+ Strong underlying land value
+ Loca ted within the land-constrained Blacktown precinct
+ Approximately 3 5km west of the Sydney CBD

The property is offered for sale v ia Expressions of Interest closing Thursday 15th October 2026 at 4:00pm AE DT.

*Assuming a 3.5% rent increase in July 26 for Freyssinet Australia Pty Ltd

All figures approximate

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