Colliers has brought a flexibly zoned site with commercial and industrial opportunities to market in Sydney’s south.
Agents Nick Mallett and Trent Gallagher are running the expression of interest campaign for the Beaconsfield site, with an expected price of $5.5 million.
Located in the Green Square precinct, the site is on 417sqm of land delivering a total building area of 780sqm, with a current short-term income flow of $210,000 net per annum.
Colliers’ Nick Mallett says 12-14 Victoria street is a rare opportunity to acquire a high-end, creative freehold building within the Green Square precinct, which is generating income and offers a wide range of future uses given its flexible zoning.
“The site is arguably one of the most connected locations in Sydney,” he says.
The Beaconsfield area is one of the most tightly held in Sydney and is considered a creative hotspot, the opportunity to acquire land or buildings has been next to impossible according to Mallett.
“Situated between two of Sydney’s key thoroughfares, O’Riordan Street and Botany, and less than 400m walk from Green Square, this property offers access to an extremely tight marke,” he says.
The building has undergone an extensive fit-out on level one with immaculate offices, boardrooms, and a sun-filled outdoor terrace area. The ground floor warehouse possesses a clear span area with polished concrete flooring and dual access from the front and rear, making this a blank canvas for a variety of users.
Providing a 9-metre height limit, generous ground-floor parking and easy access to rail and bus services, the site would support both commercial and residential uses. Be it developer or investor, the attractive income flow provides short-term security on the investment.
The expressions of interest campaign is running through till the 28th of October at 4pm. Contact Nick Mallett Mb: +61 410 807 877 and Trent Gallagher Mb: +61 432 242 063 for more information.
For more information on Colliers, click here.