Colliers, on behalf of our valued client Addenbrooke, are pleased to offer for sale 20-26 Bourke Road, Alexandria, situated in the exciting precinct of Green Square, capitalize on this rare opportunity to acquire four adjoining sites in a prime location, underpinned by significant development upside and strong underlying existing building values.
With a combined land area of 3,307m²*, this substantial land holding provides an abundance of opportunity for development with a total allowable GFA of 13,724m²*.
The improvements consist of four older style industrial factories, an office component, and an onsite car park. The site benefits from its convenient accessibility to Sydney Airport, Sydney’s CBD, and Eastern Suburbs, as well as greater Sydney via the newly constructed WestConnex.
Key Property Features:
- 3,307m² of land across four titles in one of Australia’s most tightly held markets
- Total FSR 4.15:1
- 180m from Green Square Train Station
- Highly functional existing improvements currently used as automobile workshops, and Mecca Coffee Roasters in a creative warehouse conversionlinked
- 45m height limit
- Short term/rolling leases for 20-24 Bourke Road
- Concept DA lodged for a 13,724m²* commercial development
- Benefits from a multitude of new government infrastructure, such as the extension of Geddes Avenue, Waterloo Metro, a new dedicated lane that borders the site, and footpath widening on Bourke Road
- Amongst multiple new developments that will only enhance the value and desirability of the area
All figures are approximate.
20-26 Bourke Road, Alexandria for sale via Private Treaty
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