RECORD SALE by Edward McFarland & Trent Gallagher

Colliers are pleased to offer 33-35 Alexander Avenue, Taren Point for sale via Expressions of Interest campaign, two freestanding warehouses, positioned on one of the best industrial roads in the Sutherland Shire. The subject properties are set across two titles offering the flexibility to be purchased together or separately.

The subject industrial properties offers a dual frontage along Alexander Avenue, featuring functional warehouses with medium-clearance heights, designated office areas, well-equipped amenities, generous yard spaces, and the convenience of two separate driveways for easy truck and car manoeuvrability, all complemented by ample on-site parking to enhance practicality and accessibility to the sites.

Situated in the tightly held industrial precinct of Taren Point on Alexander Avenue this property benefits from easy direct access to main arterials and proximity to major hubs Sydney Airport, Port Botany and Sydney CBD.

33-35 Alexander Avenue offers the following captivating features:
- Combined site area 1,382m²* across two titles creating flexibility
- Two industrial freehold buildings offered in one line or separately
- Building areas from (35) 396m²*, (33) 418m²* or in one line of 814m²*
- Commanding street front of 33m* fronting Alexander Avenue
- Leased to two tenants with holding income with huge rental reversion
- Perfect for a complete reposition
- Ample on-site car parking and hardstand areas
- Dual driveways creating truck and car ease
- Strategically positioned with outstanding access to major road infrastructure, including Taren Point Road, and immediate access to Captain Cook Bridge
- Ability to be owner occupied in the short term if required
- Perfect for a complete reposition for all buyer types which include owner occupiers, investors or developers
- Rare existing approval for a Metal Recycling and Management Centre (STCA)
- Potential for allowing up to 2,072m²* of GFA and 16m height limit showcasing development opportunity for value add or a smaller industrial strata development**
*Approximate
**(STCA)

Both properties are currently generating holding income from two established local tenants,
namely a Metal Recycling operation and a Premium Car Suspension Company. Their leases are either month-to-month or approaching their lease expiry.

This exceptional freehold opportunity not only allows you the flexibility to occupy one property while leasing the other, or to occupy both, but it also comes with enticing development potential.

33-35 Alexander Avenue, Taren Point will be offered for sale via an Expressions of Interest (EOI) campaign closing Wednesday, 15th November 2023 at 3pm (AEDT). unless sold prior.

For more information or to arrange an inspection please contact the exclusive agents below:

Edward McFarland
0401 868 3...

Trent Gallagher
0432 242 0...