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28 McPherson Street
Banksmeadow NSW 2019
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Sold on 6 Aug 2021

28 McPherson Street Banksmeadow NSW 2019

  • Factory, Warehouse & Industrial
  • 39,950 m²
  • Sold

INSTITUTIONAL GRADE DEVELOPMENT OFFERING

  • DA approval for 21,780m² of improvements
  • Zoned IN1 – General Industrial
  • Site area of 39,950m²

Colliers are proud to offer 28 McPherson Street, Banksmeadow to the market for sale or lease for 99 years, a rare infill development site with development approval for two high-quality logistics.

Located on the corner of McPherson Street and Nant Street, the 39,950m²* site will offer the incoming purchaser the opportunity to develop a super core industrial & logistics estate of commanding scale, something that has been extremely hard to acquire in the tightly held South Sydney industrial logistics market over the recent years.

With the gentrification of infill industrial areas such as South Sydney, accompanied by the unprecedented demand with both the industrial occupier and capital markets, 28 McPherson Street, Banksmeadow will be the most hotly contested site to come to the market in many years.

Key features of this property:

DA approval for 21,780m²* of improvements
Zoned IN1 General Industrial
Institutional grade development offering
$120 million worth of super core industrial & logistics product
Access to Sydney Airport, the Eastern Distributor, the M5 Motorway and Port Botany
Potential for two-storey scheme
Hi-tech design capturing high clearance

*Approx.

For more information, please contact the below exclusive agents:

Gavin Bishop:
0401 146 051
gavin.bishop@colliers.com

Michael Crombie:
0412 903 063
michael.crombie@colliers.com

Sean Thomson
0418 943 452
sean.thomson@colliers.com

Property Highlights

Date Sold6 Aug 2021
Floor Area39,950 m²
Land Area4 ha
ParkingAsk Agent
Property ID2016978594
Category
Last updated  30 Aug 2021
Map for 28 McPherson Street Banksmeadow NSW 2019

Nearest transport* to 28 McPherson Street Banksmeadow NSW 2019

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Property Highlights

Date Sold6 Aug 2021
Floor Area39,950 m²
Land Area4 ha
ParkingAsk Agent
Property ID2016978594
Category
Last updated  30 Aug 2021
Building 3, Level 8, 185-191 O’riordan St Mascot NSW 2020

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