20,200sqm comprising three premium freestanding units, located on the fringe of South Sydney and offer unparalleled connectivity to the M5 and M8 Motorway, Port Botany, Sydney Kingsford Smith Airport, and the Sydney CBD.
An unrivalled opportunity has arisen to lease a 20,200sqm strategically positioned industrial estate within the well-established Kingsgrove industrial market.
The three premium freestanding units, situated on one site at 133 Vanessa St, are located on the fringe of South Sydney and offer unparalleled connectivity to the M5 and M8 Motorway, Port Botany, Sydney Kingsford Smith Airport, and the Sydney CBD.
This premium industrial estate provides occupiers with flexible leasing options ranging from 1,646.8 sqm to 13,102.2 sqm, with a total site area of 20,200 sqm. The site offers ancillary semi-modern office accommodation, along with 68 on-site car spaces and an impressive warehouse with clearance heights of up to 8.5 metres, maximising storage space for occupiers.
The property is listed exclusively with the Colliers team of Michael Crombie, Trent Gallagher and Angus Urquhart.
“Blackstone was able to acquire this freehold investment from Charterhall in early 2024 for $55,750,000 million. Blackstone and 151 property are now offering this entire site up for lease. As a core couth Sydney market continues to climb from a rent perspective Kingsgrove offers a very cost-effective opportunity being only 12 minutes down the M8 from Alexandria. This opportunity provides such great flexibility for an occupier with the ability to slice and dice the main warehouse and or offer up the entire estate,” Mr Crombie said.
“Rarely do industrial leasing opportunities of scale come up for lease in a South Sydney fringe location such as Kingsgrove. The asset will be highly sought after via many tenants looking to migrate down the M5 motorway from South Sydney looking for scale and a more affordable location,” Mr Gallagher said.
The site, a leading last-mile logistics hub with direct accessibility to approximately 4.1 million residents within a 45-minute drive, encompassing 78% of Sydney’s total metropolitan population.
Kingsgrove is poised to benefit from the significant NSW transport infrastructure pipeline of $72.3 billion, including the M6 Motorway and the Sydney Gateway, forecast to be completed by 2025.
133 Vanessa St, Kingsgrove is for lease via an Expressions of Interest.