55 Kent Road, MASCOT NSW 2020
Expression of Interest
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- Development / Land, Industrial / Warehouse, Offices
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- On site parking available
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- 18 Jul 2016
Capitalise on the growth of Mascot
For Sale via Expressions of Interest closing on Wednesday 17th August 2016 at 4pm.
This investment represents an opportunity to acquire an exceptionally well located Industrial Estate surrounded by cafes and restaurant’s just 400 metres to Mascot Train Station, the site is within close proximity to Sydney Airport, Westfield Eastgardens, Sydney CBD, the M5 Motorway and Eastern Distributor. The site enjoys street frontage on three sides with two driveway access points from Kent Road.
With the likes of Meriton’s Mascot Town Centre Shopping Centre and developments by Bridgehill and Toplace only a short walk away, 55 Kent Road is truly a unique opportunity.
The property presents extremely well in its current state and has always been popular with tenants. This coupled with possible redevelopment potential (STCA) ticks all the boxes.
Key investment highlights include:
• Across the road from high density residential zoned land at 3:1 and 3.2:1
• Current Height limit of 44 metres and FSR of 1.2:1
• Within the Evolving Mascot precinct
• Very strong lease covenants including Qantas and International Art Services
• 100% leased investment
• WALE of 2.4 years approximate
• Passing net rental of $1,680,113.22
• Site area – 11,937m²
• Immediate access to public transport
• Excellent access to the new WestConnex and M1 Motorway
• Corner location to Kent Road and Chalmers Crescent
• Solid flexibility for future enhancement to a higher and better use
For more information or to arrange an inspection contact the exclusive agents:
0412 903 063
0412 600 005
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Expression of Interest Details
- Close Date:
- 17/08/2016 16:00:00
- Recipient Name:
- Delivery Address:
55 Kent Road MASCOT