Colliers offer the ‘Minto Collection’leaseback to Lipa Pharmaceuticals a global pharmaceutical company. The two Minto freestanding industrial buildings for sale through Colliers agents Angus Urquhart and Hamish Miles.
An extremely rare pairing of industrial assets in one of Australia’s strongest industrial and logistics precincts has come to market.
The property at 3 & 13 Reaghs Farm Road in Minto, known as the “The Minto Collection” is on a combined land area of 6,892m² and comes with a leaseback to global Pharmaceutical company ‘Lipa Pharmaceuticals’, wholly owned by CK Life Sciences Int’l., (Holdings) Inc. which is listed on the Hong Kong Stock Exchange, with interest expected to be strong from private investors and smaller funds.
Features of the property include a 4,068m² freestanding building with large onsite parking ratio, container height roller door, container set down areas and high internal clearance.
The Colliers team of Angus Urquhart and Hamish Miles have the exclusive listing, with price expectations north of $15 million.
“This is an excellent opportunity for investors to secure two separate fully leased investments to the renowned occupier, Lipa Pharmaceuticals. The properties are situated in the booming Minto industrial precinct and provide absolute certainty in return at an attractive yield and price point that the South West market hasn’t seen for some time,” Mr Urquhart said.
“The assets are situated with excellent access to major arterial roads such as M5 & M7 highway entries & Hume Motorways, as well as significant infrastructure such as Minto Intermodal, Moorebank Intermodal, Port Botany and Sydney Kingsford Smith Airport,” Mr Miles added.
With a total Net return of $854,280 set across 4,068 of total building area, the properties benefit by their tightly held availability surrounded by expansive residential catchment areas.
Both properties are further underpinned by its exceptional accessibility to vital transportation hubs, including Port Botany (51km) and Sydney Airport (45km) enhancing its efficacy in facilitating logistics solutions.
“The Minto and South West industrial market will benefit from the Government’s strategic investment in major infrastructure projects, estimated at $250 billion in the next 5 years. This includes Charter Hall’s development at 149-1550 Airds Road, Minto with a recent pre-commitment from Volvo & ESR’s site at 50 Airds Road, Minto proving the demand and belief in the Minto industrial market to service the growing South West market,” Mr Urquhart said.
Minto is positioned within the Macarthur region and is becoming a highly sought-after location with the developing Western Sydney Airport in Badgerys Creek. The area has great access to Sydney’s major railway and road networks, positioned along the main Sydney to Melbourne train line.
Colliers are exclusively appointed to The Minto Collection and is offered for sale via Expressions of Interest closing Expression of Interest (EOI) campaign, closing on Wednesday, 15th May 2024 at 4pm (AEST).