Colliers, as exclusive selling agents, are pleased to offer for sale 338-350 Woodpark Road & 1 Dupas Street, Smithfield (Smithfield Central Industrial Estate), a multi-let industrial estate located within one of Australia’s best performing institutional-grade investment markets.
Underpinned by unlimited value enrichment opportunities and further supported by a tailwind of strong investment fundamentals, the offering benefits from the following captivating features:
- Highly functional building improvements totaling 17,746m²
- Large, combined site area of 33,988m² providing strategic scale in a tightly held and land constrained market
- Short WALE of 1.7-years allows the opportunity for strategic value-add initiatives to be implemented almost immediately
- The favourable planning controls allow for higher order redevelopment prospects including multistorey logistics facilities or data centres
- Net passing income of $2,137,651 ($120/m²) per annum, substantially below assessed market levels
- Exceptional access to major arterial road networks such as Cumberland Highway, which leads to the M4 & M7 motorways connecting the site the greater metropolitan Sydney
All figures are approximate.
338-350 Woodpark Road & 1 Dupas Street, Smithfield, is being offered for sale via an Expressions of Interest campaign closing 3:00pm (AEST) Wednesday, 17th May 2023.
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