85 Bridge Street, PICTON NSW 2571Sold
DEVELOP YOUR FUTURE!
Land/Development Sold - PICTON NSW
MAJOR PICTON INDUSTRIAL LAND HOLDING OF 45,100SQM* WITH 7,000SQM* APPROVED FACTORY WAREHOUSE!
Don’t miss out on the exceptional opportunity to acquire one of the last significant industrial land holdings in the area.
The property is suitable for owner occupiers with surplus industrial land to subdivide, develop or expand in the future.
The property also offers the chance to subdivide and develop in stages or as a whole, with significant demand for land and the built product in this booming part of the greater Macarthur area.
Part of the site is anchored by Hansen Concrete a major concrete company operating across Australia.
• Infrastructure Advantages: Benefit from essential infrastructure services that include sewer availability, town water, and power.
• Strong Tenancy Base: With two current tenants in place, including the renowned Hanson Concrete Batching Plant, this property offers immediate rental income. The anchor tenant, Hanson Concrete Batching Plant, with passing income to the site coming from 2 tenancies totaling $183,300 per annum Net + 100% of outgoings paid by the tenants.
• Subdivision & re-development opportunities (STCA): Consider the option to subdivide the land in stages or as a whole, unlocking additional value and maximizing return on investment. With the scarcity of large land holdings in the area, subdividing can offer lucrative possibilities.
EXPRESSIONS OF INTEREST CLOSING ON THE 3RD AUGUST, 2023 AT 4PM IF NOT SOLD PRIOR
Don’t let this opportunity pass you by! Take action now and secure your place in the growing Picton commercial real estate market. Contact exclusive agent Anthony Rees on (02) 4655 3322
- Land is 4.51 hectare
- Floor Area is 45,100 m²
E4 General Industrial & RU2 (Industrial Approved)