Colliers is pleased to offer for sale by EOI 20 Kelso Crescent, Moorebank, NSW.
An exciting opportunity to acquire an infill industrial land holding of 35,200m²* with two street frontages, in one of Australia's best performing land constrained industrial and logistics markets, underpinned by historically low vacancy and insatiable tenant demand.
Offered subject to a short-term 12-month leaseback to an ASX top 200 company, providing holding income. The property is ideally positioned to capitalise on the significant future redevelopment upside, further supported by favourable FSR and height controls.
Located in Sydney's South West, Moorebank is a core industrial and logistics precinct in the Sydney industrial market. The property is approximately 30 kilometres to Port Botany, 1km to M5 Motorway, 1km to Moorebank Intermodal, 4km to M5/M7 Motorway Interchange and 24km to Eastern Creek industrial area & M4 Motorway.
Key property features include:
Substantial 35,200sqm infill land parcel zoned IN1 General Industrial
Excellent power supply suitable for high-end occupiers, such as data centres or temperature-controlled facility
Immediate value-add and development upside post lease expiry (STCA)
Unparalleled connectivity to major infrastructure, including M5, M7, M8 Motorways and Moorebank Intermodal
Short-term leaseback to ASX 200 listed company
Ideally positioned to redevelop the site into a prime multi-level logistics facility
Regular shaped allotment with two street frontages to Kelso Crescent and Seton Road
Situated within one of Australia's most premier and sought after industrial and logistics precincts
Occupier demand underpinned market performance with record low vacancy in the South West at 0.1%
This unique opportunity is offered for sale via Expressions of Interest closing Thursday, 15th September 2022 at 4:00pm (AEST).
For further information or to arrange an inspection contact the exclusive selling agents.
*Approximate