25 & 27 Sirius Road represents a rare dual-title opportunity on a prominent corner within Lane Cove West - Sydney’s premier Lower North Shore industrial and hi-tech precinct.
Zoned E4 General Industrial and comprising a total site area of 8,368 sqm* across two adjoining lots, the properties are improved with three freestanding office/ warehouse buildings providing 8,480 sqm* of lettable area and generous car parking for 148 vehicles.
The staggered lease profile of each property offers exciting potential for a staged value-add project that could comprise refurbishment and repositioning or redevelopment. Concept plans for an adaptive industrial unit / storage complex re available upon request.
25 Sirius Road is a multi-let complex with two freestanding buildings:
- Building 1 is approx. 82% leased to two long-standing tenants with extensive fit out including cold storage and power upgrades. Full vacant possession can be attained on 1 October 2028 if required.
- Building 2 is 1,721.4 sqm and currently vacant, providing the perfect opportunity for a corporate headquarters or showroom.
27 Sirius Road is securely leased to Dashing Print until June 2028, with a further five-year option. Recent improvements including a roof upgrade and solar panel installation together with a contemporary internal fit out to create a highly presentable facility.
Together, the assets deliver a passing net income of circa $1.3mil p.a., underpinned by a WALE of approximately 2 years. Fully leased net market income is estimated to be $2,300,000.
25 & 27 Sirius Road will appeal to:
• Value-add Investors
• Developers
• Owner-Occupiers
• Showroom users
• Data Centre/IT related businesses
• Self-storage operators
• Life Sciences/Health sector
• Leisure, Wellness facilities/Gym
• Strata Industrial players
Major stock withdrawal resulting from data-centre development in Lane Cove West and Macquarie Park, in addition to significant BTR and BTS residential schemes across the north shore will drive rental growth and demand for industrial real estate in Lane Cove West.
*Approx
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