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Colliers - Sydney West

63 Britton Street Smithfield, NSW 2164

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63 Britton Street,
Smithfield, NSW 2164

Warehouse, Factory & Industrial

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Colliers - Sydney West
Gavin Bishop
Sean Thomson

Colliers - Sydney West

Level 8, 20 Smith Street
PARRAMATTA, NSW 2150
Colliers - Sydney West
63 Britton Street
Smithfield, NSW 2164

Map of 63 Britton Street

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VALUE ADD OPPORTUNITY

  • Short Term Holding Income
  • Multiple Value Add Strategies
  • Low Site Coverage
CBRE and Colliers are pleased to offer for sale 63 Britton Street, Smithfield. The property is available for sale via an Expressions of Interest campaign closing Wednesday, 16th August 2023 at 4:00pm (AEST).

Key Highlights:
+ Short term WALE of 0.5 years (with no options)
+ Ability to obtain vacant possession in February 2024, providing unlimited value-add potential for owner occupiers or investors
+ Low site coverage of 38% with a Total Site Area of 18,900 m²
+ Strategic value add asset with the ability to expand the existing improvements
+ High underlying land value estimated at almost 100% of the overall value
+ Highly functional modern logistics asset with a total GLA of 7,101 m²
+ Leased to national logistics covenant Computertrans Group Pty Ltd, generating a secure Net Passing Income of $890,024 p.a. ($125/m²)
+ Significant rental uplift potential with the Net Market Income of $1,890,755 p.a. ($266/m²)
+ Smithfield is one of Sydney’s strongest and most highly sought after institutional grade investment markets

For further information, please contact the selling agents.

*all figures approximate

Property ID: 504312552Last Updated: 7 Dec 2023

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