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2-50 Glenelg Street Coolaroo VIC 3048

  • Factory, Warehouse & Industrial
  • 17,428 m²
  • For Sale, Please contact agent

8.20 HECTARE INFILL INDUSTRIAL LAND HOLDING

  • 82,000m² infill industrial land holding
  • Secure net income of $1,045,680 pa
  • Development & value add offering

Colliers Industrial Capital Markets, as exclusive selling agents, are pleased to offer for sale 2-50 Glenelg Street, Coolaroo.

The offering is underpinned by a secure leaseback to ASX listed Palla Pharma, whilst providing the additional benefit of a multitude of redevelopment and repositioning characteristics, along with the following captivating features;

Substantial 82,000m² infill land holding providing
Total building area of 17,428m², complementing any future use or redevelopment prospects
Secure net income of $1,045,680 per annum to ASX listed and global corporate Palla Pharma
Ability to immediately commence subdivision/redevelopment work upon the extensive surplus land component of approximately 45,000m² which is not included in the leaseback
Strategic location offering excellent access to existing precinct amenity and major road infrastructure including the Hume Highway & Metropolitan Ring Road

2-50 Glenelg Street, Coolaroo is being offered for sale via Expressions of Interest closing 4:00pm (AEST) Friday, 3rd September 2021.

For more information on this property please contact Nick O'Brien, Damian Marinelli, Gavin Bishop or Sean Thomson.

Gavin Bishop
Colliers International - Sydney
Gavin Bishop
Colliers International - Sydney
Damian Marinelli
Colliers International - Sydney
Damian Marinelli
Colliers International - Sydney
Sean Thomson
Colliers International - Sydney
Sean Thomson
Colliers International - Sydney
Nick O'Brien
Colliers International - Sydney
Nick O'Brien
Colliers International - Sydney

Property Highlights

Property ID2017185001
Floor Area17,428 m²
Land Area8.2 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  10 Aug 2021
Map for 2-50 Glenelg Street Coolaroo VIC 3048
Gavin Bishop
Colliers International - Sydney
Gavin Bishop
Colliers International - Sydney
Damian Marinelli
Colliers International - Sydney
Damian Marinelli
Colliers International - Sydney
Sean Thomson
Colliers International - Sydney
Sean Thomson
Colliers International - Sydney
Nick O'Brien
Colliers International - Sydney
Nick O'Brien
Colliers International - Sydney

Property Highlights

Property ID2017185001
Floor Area17,428 m²
Land Area8.2 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  10 Aug 2021
Level 30, Grosvenor Place 225 George Street Sydney NSW 2000
Gavin Bishop
Gavin Bishop
Colliers International - Sydney
Damian Marinelli
Damian Marinelli
Colliers International - Sydney
Sean Thomson
Sean Thomson
Colliers International - Sydney
Nick O'Brien
Nick O'Brien
Colliers International - Sydney

Gavin Bishop

Colliers International - Sydney

Damian Marinelli

Colliers International - Sydney

Sean Thomson

Colliers International - Sydney

Nick O'Brien

Colliers International - Sydney

0401 *** ***
0401 146 051

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