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Sold on 15 Nov 2018

28B McPherson Street Banksmeadow NSW 2019

  • Industrial / Warehouse
  • 2,928 m²
  • Sold

14.3 Year Lease to Australian Federal Government

+ Net passing income of $2,653,049 p.a.
+ 15 year lease term commencing 15 January 2018
+ Strong annual rental growth fixed at 4.0%
+ Site area of 22,790sqm*
+ Strategic South Sydney location approximately 5 kilometres* from Sydney International Airport and 0.7 radial kilometres from the Port of Sydney
+ Tenant: Commonwealth of Australia, as represented by the Department of Home Affairs
+ The Banksmeadow site was developed to provide collocated accommodation for detector dog operations of:
• Australian Border Force
• Australian Federal Police (AFP)
• Department of Agriculture and Water Resources
+ Modern (2018) world class facility with depreciation benefits
*approximate

For Sale via an expressions of interest campaign closing Thursday 13th September 2018 at 4.00pm (AEST)

Property Highlights

Property ID2014566175
Date Sold15 Nov 2018
Floor Area2,928 m²
Land Area2.28 ha
ParkingAsk Agent
Category
Last updated  22 Nov 2018
Map for 28B McPherson Street Banksmeadow NSW 2019
JLL - Melbourne
Level 40 101 Collins Street Melbourne VIC 3000

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