Ray White Commercial is pleased to present to the market for sale an exceptionally rare opportunity to acquire a value-add investment or flexible redevelopment opportunity, located within the tightly held Alexandria market. The property is currently operating as a bus depot and the existing buildings consist of a freestanding workshop and office.
This asset is available with a short WALE, making it ideal for a variety of potential buyers, including Owner Occupiers, Developers, and Investors.
Key selling features include:
• 2,680 sqm* rectangular shaped site with low site coverage
• 770 sqm* building area
• Short term holding income with tenant paying 100% of outgoings
• Assessed net market income of $529,975 p.a.* offering significant short-term rental reversion
• Currently operating as a bus depot & workshop
• Low site coverage providing immediate value-add potential
• 4,020sqm permissible GFA *
• Leased to Australian Wide Coaches expiring February 2026, so offered as a going concern
9 Bradford Street, Alexandria is offered for sale via an Expression of Interest campaign closing on Thursday 27th March 2025 at 3:00pm (AEDT).
For further information, please contact the exclusive selling agents below.
*Approximately
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