A large freestanding refurbished industrial facility in Sydney’s increasingly sought-after southwest precinct is up for sale.

The property at 15 Badgally Road in Campbelltown consists of a 35,800sq m site occupied by a warehouse, office, and retail outlet with a total gross building area of 14,700sq m, as well as 2,900sq m of hardstand.

It has been owned and occupied by Nisbets, a leading provider of commercial kitchen and catering supplies in Australia, since 2013 and used as its headquarters, with operations including corporate office, warehouse and a retail outlet.

However, with the property not suitable for Nisbets’ long-term business strategy, it is being sold with a two-year initial leaseback at a rate of $1.7 million per annum net.

The property is being taken to the market via an Expressions of Interest campaign run by Angus Klem, James Reeves and Mark Sfeir of Knight Frank.

Mr Klem said the asset was an extremely rare offering within metropolitan Sydney, particularly given its size, and would appeal to owner-occupiers, investors and developers.

“The short-term leaseback means occupiers can look to move into the property in the medium term, while it provides secure rental income for investors,” he said.

“There is also future upside for incoming investor or developer to capitalise on, including rental reversion and future development potential for a large-scale industrial project.

“With a floor space ratio of 1:1, there is the potential for up to 20,000 square metres of gross floor area.

“The current accommodation is well presented, bright and modern, benefitting from a comprehensive refurbishment,

“Buyers will see a lot of value in this property, as well as the location.”

Mr Reeves said the Campbelltown property was situated in a prime location within Sydney’s desirable Southwestern Precinct, conveniently situated near key transportation routes and essential infrastructure.

“The property's location in one of Australia’s most robust regions for online retailing makes it ideal for logistics and e-commerce purposes,” he said.

“It is located adjacent to the M5 Motorway and in close proximity to the Campbelltown Bulky Goods and large format retail precinct.

“The facility is also well connected via Sydney’s arterial road network, creating direct access to Port Botany, Moorebank Intermodal, Western Sydney Airport and Sydney Airport.

“It is strategically positioned between Campbelltown Road, the Hume Highway and the Campbelltown Train Station/town centre and hospital precinct. 

“Situated at the southwestern edge of the industrial, retail, and bulky goods strip that runs along Blaxland Road between Campbelltown and Narellan Road, the surrounding businesses exemplify the advantageous location of the property.”

Surrounding businesses include well-known brands such as Bunnings Campbelltown, Spotlight Campbelltown, Anaconda, Good Guys, Supercheap Auto, Reece Plumbing, Amart Furniture, Mercedes-Benz Macarthur, Harvey Norman, Officeworks, Clintons Toyota, Tyres R Us, Kennards, Hillsong, Grace, Petbarn, Jaycar, Nick Scali, Paul Wakeling Volkswagen, Sydney Tools and Fantastic Furniture.

Other notable features of the property at 15 Badgally Road include 65 car parking spaces on site, with additional street parking, with the warehouse serviced by 12 on-grade medium clearance roller shutter doors positioned on multiple sides of the warehouse and undercover loading area.

The Expressions of Interest campaign for the property will close at 4pm on Thursday, June 15.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.