For Sale | A Medical Logistics & Life Sciences Investment within Sydney's Premier Health Precinct
10,595 sqm NLA industrial complex
5.6-year WALE from long-term tenants
CI Australia is proud to present 8 Herbert Street, St Leonards an institutional-grade, multi-tenanted medical logistics & life sciences investment.
10,595 sqm NLA industrial complex with high-tech laboratories and workspace Occupied by global leader Stryker Corporation and renowned Royal College of Pathologists of Australasia Strategically positioned amongst the St Leonards Health and Education Precinct Large 11,320 sqm single-level basement car park & storage area
8 Herbert Street serves as the Australian headquarters and distribution hub of Stryker Corporation, an S&P500-listed global leader in medical technology and devices.
Additionally, the property is occupied by the Royal College of Pathologists of Australasia, providing purpose-built laboratories and logistics for their internationally renowned Quality Assurance Program.
Located only 5 km from Sydney's CBD, St Leonards stands as an investment powerhouse, boasting a dynamic mix of major health, education, data centre and logistics assets. Supported by excellent transport infrastructure and augmented by new high-rise residential tower development, the area holds immense and immediate potential.
Strategically situated amongst the thriving St Leonards Health and Education Precinct, 8 Herbert Street offers investors a unique opportunity to participate and collaborate in the demographically driven growth potential of the medical, logistics and life sciences sectors.
8 Herbert Street, St Leonards is offered for sale via Expressions of Interest (EOI), closing 4:00pm (AEDT) Thursday, 19 October 2023.