22 O'Riordan Street, Alexandria_Property for Sale

22 O'Riordan Street, Alexandria, NSW, 2015, AU

22 O'Riordan Street, Alexandria

Asset description

High Profile Alexandria Owner Occupier or Value-Add Investment Opportunity

High profile South Sydney trophy asset
5,290.5m² freehold building
Highly coveted occupier precinct

JLL and Colliers are pleased to present to the market for sale, 22 O’Riordan Street, Alexandria, offering an exciting opportunity to acquire a prime high profile South Sydney industrial trophy asset.

Positioned in one of the most tightly held institutional grade investment markets of Australia and arguably the most highly coveted industrial street in the country, this 5,290.5m² freehold building presents an essential opportunity for owner occupiers or the ability to activate as a value-add investment with significant development upside.

This genuinely unique opportunity is offered for sale via an International Expressions of Interest (EOI) campaign, closing at 3:00pm (AEDT) Monday, 21st October 2024.

To submit your interest or request further information, please contact the below exclusive selling agents.

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Attributes

Building area net

56,952 sf

Land area net

1.83 acres

Media

Investment highlights

5,290.5m² functional warehouse / showroom estate
Substantial 7,436m² landholding benefiting from a high-profile corner block with three expansive street frontages
Assessed net market income of $2,423,250 ($450/m²) per annum, presenting significant value uplift
Existing development approval for a 20,970m² campus style office tower
Diverse purchaser appeal with a large cross-section of potential future uses, including owner occupiers, showrooms, industrial and commercial strata, commercial office, self-storage and hotels
Flexible E3 Productivity Support zoning with the ability to leverage a maximum Floor Space Ratio (FSR) of 3.05:1 and up to a 33 metre height limit
Ideally positioned in the prime infill industrial market of Alexandria with unparalleled access to Sydney Airport, Port Botany and key arterial road and motorways