LIGHT INDUSTRIAL RE-DEVELOPMENT OPPORTUNITY

SOLD

444-448 West Botany Street

Rockdale NSW 2216

Development

FOR SALE

1748m2

Style:
This property is zoned Light Industrial 4(b), spread over 4 existing lots. The existing buildings can either be owner occupied, tenanted or re-developed (S.T.C.A.)

444 West Botany Street (Sandwich Shop)
Erected upon the land is a double fronted brick & tile cottage (circa 1928) with timber floors, rendered internal walls, and plaster ceilings. Currently leased at $14,534 p.a. gross inclusive GST to Sandwich Shop.

446 - 448 West Botany Street
Erected upon the land is a steel framed factory building comprising a brick front, walls of corrugated asbestos cement cladding, roof of corrugated asbestos cement sheeting, supported by tubular steel trusses and having a concrete floor. The windows are timber framed.

1 Bermill Street
Erected upon the land is a brick factory building with a concrete floor. The front part of the building is 2 storeys high containing garaging/storage on the ground level and locker-room/lunchroom and male amenities on the mezzanine. The factory area has a sawtooth roof of corrugated asbestos cement sheeting on steel trusses. The rear wall is of corrugated asbestos.

446-448 West Botany Street AND 1 Bermill Street are currently leased at $71,719 p.a. gross (incl. GST) to Specialty Castings Pty Ltd.

Location:
The subject property is in Southern Sydney's metropolitan city of Rockdale.

The property is located on West Botany Street between President Avenue and Bay Street, an area that has developed into a popular bulky goods and services precinct. Current neighbours include Repco, Bunning's, Snap Printing, and Fitness First to name but a few. The subject property has excellent exposure to passing vehicular traffic.

Additionally, the site is located within 20 minutes from the city of Sydney, 10 minutes from the domestic & international airports, and has easy access to the M5 East motorway

Features:
•Level Light Industrial 4(b) Land
•4 existing lots with strong street exposure
•Site area: 1,748m2 (approx.)
•Suit Bulky Goods or Showroom/ Office/ Factory
•Current GAR: $86,253 (incl. GST)
•Opposite Fitness First, Repco & Bunnings
•DEVELOPERS NOTE: Great exposure & versatile usage site

For further information, please contact:

Gunning Commercial
Malcolm Gunning - 0413 872 422

Tony Firmstone Real Estate
Tony Firmstone - 9529 5011