69 Sargents Road, MINCHINBURY NSW 2770
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- Industrial / Warehouse
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- 0 x Onsite parking
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- 21 Mar 2017
Premium Sydney Logistics Investment - Leased to Woolworths
EOI closing on 14th October 2016 at 5pm (AEDT)
As exclusive selling agents, Colliers International has the pleasure in offering this exceptional investment opportunity to the market for sale.
This core logistics facility is leased to Woolworths Limited, one of Australia’s most recognised brands.
The property is located within the established industrial precinct of Minchinbury, which is regarded as one of the most prominent logistic locations in Sydney. Located on the southern side of Sargents Road, the property benefits from excellent exposure to M4 and M7 Motorway. Additional major arterial road access is also provided via Great Western Highway, being only 1.7km from the property.
This is one of the most high-profile assets to come to the market in a number of years and given its highly functional and modern design, scale and lease to Woolworths Limited, we expect this asset will attract strong interest from around the globe.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
• Significant covenant strength in Woolworths Limited, one of Australia’s most prominent brands
• 4.9* years WALE as at 1 September 2016
• Highly functional and modern Regional Distribution Centre, extending to 88,554.9m²* providing a mix of ambient, temperature controlled and coolroom accommodation
• Minchinbury is located in Western Sydney, which is the most desirable Australian Investment market
• The property is located on a substantial land parcel of 214,500m²* which in itself is a very rare opportunity
• Superior warehouse clearance of 9 – 40m*.
• Immediate access to the M4 Motorway, and excellent access to the M7 Motorway and Great Western Highway
• Minchinbury is recognised as an institutional investment grade location, well supported by major corporates including ALDI and Startrack Express
• Full drive around truck access with substantial hardstand areas
• Opportunity to expand the warehouse onsite to cater for Woolworth’s expansions needs in the future – 41%* site coverage
• Located in one of the strongest leasing markets in the country, ensuring long-term demand
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
69 Sargents Road MINCHINBURY