373 Horsley Road, Milperra

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
3.12 ha
Building size
9314 m2
Council area
Canterbury-Bankstown
Year built
n/a
Lot plan
2/DP214471 Milperra NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 25/06/2015
$10,625,000



LISTING DESCRIPTION
as of August 2015

Long term lease - with substantial upside Colliers International is delighted to offer 373 Horsley Road, Milperra to the market for sale.The property represents an excellent opportunity for the investor seeking to acquire a quality industrial asset leased to UGL Limited for nine years. The property is located in the prime inner South West suburb of Milperra which has excellent access to the M5 Motorway.INVESTMENT HIGHLIGHTS INCLUDE:- 9 year triple net lease- Strong covenant to UGL Limited- Ideal future development site (STCA)- Prime inner South West location with excellent access to the M5 Motorway- Highly functional improvements totalling 9,314sqm- Substantial total site area of 31,290sqm- 15 kilometres to Port Botany- Significant net passing income of $719,507 pa- Benefit from infrastructure improvements in the South West- Ideal land bank with holding income providing the investor with greater returns in the future- Low site coverage of 30% providing substantial upside in the future- Extensive frontage to Horsley Road- Regular shaped site ideal for redevelopment in the future.The property is being offered for sale via Expressions of Interest closing Thursday 4th June, 2015 at 4.00pm.