Colliers and X Commercial are pleased to present to the market for sale 192-200 Euston Road, Alexandria. This presents a rare opportunity to capitalise on this prime 2,922m²* workspace within the heart of Alexandria. The property is a highly functional, newly refurbished freestanding building featuring impressive warehouse, showroom and office accommodation along with 22 secure car spaces and bike parking. Key Investment Highlights: · Versatile modern industrial workspace with a total GLA of 2,922m²* throughout a newly refurbished industrial workspace. · Vacant possession can be provided in part or majority. · Fully leased investment with strategic short WALE of 1.52 years (by income) as at 1 July 2024, offering immediate access to rental reversion upside. · Net passing income of $1,019,863* ($402.31/m²) per annum, assessed below market levels. · Assessed net market income of $1,141,650* ($450/m²) providing significant rental uplift from current levels. · Strong tenant covenant underpinned by well-known, long-established brands. · Situated in Alexandria’s vibrant ‘Golden Triangle’, this property enjoys proximity to Sydney’s CBD and major transport hubs, ensuring long-term viability. · Substantial street exposure of 76 metres to Euston Road with ample on-site parking. *All figures are approximate. 192-200 Euston Road, Alexandria is offered for sale via an Expressions of Interest (EOI) campaign closing 4:00 pm Tuesday 2nd July 2024 (AEST). Michael Crombie 0412 903 063 Jackson Wray 0404 062 237 Daniel O'Brien 0404 860 747 Marcus Schraag 0431 038 291
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street, Mascot, NSW
X Commercial - Mascot
Suite 10.01/289 King Street, Mascot, NSW
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