Colliers and JLL are pleased to present to the market for sale, 22 O’Riordan Street, Alexandria, offering an exciting opportunity to acquire a prime high profile South Sydney industrial trophy asset. Positioned in one of the most tightly held institutional grade investment markets of Australia and arguably the most highly coveted industrial street in the country, this 5,290.5m² freehold building presents an essential opportunity for owner occupiers or the ability to activate as a value-add investment with significant development upside. Key Property Highlights: • 5,290.5m² functional warehouse / showroom estate • Substantial 7,436m² landholding benefiting from a high-profile corner block with three expansive street frontages • Assessed net market income of $2,423,250 ($450/m²) per annum, presenting significant value uplift • Existing development approval for a 20,970m² campus style office tower • Diverse purchaser appeal with a large cross-section of potential future uses, including owner occupiers, showrooms, industrial and commercial strata, commercial office, self-storage and hotels • Flexible E3 Productivity Support zoning with the ability to leverage a maximum Floor Space Ratio (FSR) of 3.05:1 and up to a 33 metre height limit • Ideally positioned in the prime infill industrial market of Alexandria with unparalleled access to Sydney Airport, Port Botany and key arterial road and motorways This genuinely unique opportunity is offered for sale via an International Expressions of Interest (EOI) campaign, closing at 3:00pm (AEDT) Monday, 21st October 2024. To submit your interest or request further information, please contact the below exclusive leasing agents: Michael Crombie 0412 903 063 Trent Gallagher 0432 242 063 Matthew Lee 0404 838 325 James Barber 0419 429 757
JLL - Sydney
Level 27, 180 George Street, Sydney, NSW
Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street, Mascot, NSW
Property ID: 504694456