Knight Frank is pleased to present to the market the exclusive opportunity to acquire D & D Group's established NSW asset portfolio. This portfolio offers instant scale and diversified exposure to both Sydney and Wollongong's sought after property markets. From fully leased commercial buildings in Wollongong's CBD to under-developed, high profile sites and industrial buildings in Western Sydney, the assets are available for purchase in one line via International Expressions of Interest and will provide the hands-on investor with terrific opportunity.
One of the cornerstones of a modern property portfolio investment is the ability for the investor to drive returns on investment through value-adding strategies and proactive portfolio management.
The D & D Portfolio offers investors all the critical investment attributes to achieve overwhelming success.
Everything a Portfolio should be - Diverse & Dynamic:
- Diverse portfolio of properties
- High profile sites found within multiple locations
- Land-rich under-utilised assets
- National and corporate tenants
The properties also present a genuine value adding opportunity. With a relatively short WALE, many of the sites offer short term redevelopment upside, which further adds to the compelling nature of this very rare offering.
This will be a high performing pillar of any portfolio and a place where inspiration meets aspiration for many years to come. The sites are being offered in one line.
Key features of 104 Market Street, Wollongong NSW 2500, include:
- Site area of 754 sqm*
- 210 sqm* of commercial office
- 11 car parking spaces
- B3 Commercial Core Zoning
- Fully leased
- Leased to Greencap, anchored by Wesfarmers
104 Market Street is a single level commercial building leased to Greencap Pty Ltd (a subsidiary of Wesfarmers). The property is in Wollongong CBD with dual street frontage and a notable extensive renovation completed in 2019.
For more information and a copy of the Information Memorandum, please contact the exclusive agent Knight Frank.
This portfolio is being sold via Expressions of Interest closing on Tuesday 22nd of June 2021 at 4pm (AEST).
*Approximate