5-9 Lancaster Street, Ingleburn

Category

23,900 sqm*

Site Area

10,900 sqm*

Building Area

Asset Class

For Sale | Core Investment Offering with Strong Reversion

ReVest Property Group is thrilled to present 5-9 Lancaster Street, Ingleburn to the market for sale via EOI.

Representing a low site cover, with drive-through and drive-around capabilities, located in the tightly held South Western Sydney market of Ingleburn.

The site is being offered for sale by Expressions of Interest closing on Wednesday the 26th March at 4pm.

Key Highlights and benefits of the site include:
  • Significant Site Area: 2.39ha* site
  • Building area: 10,900 sqm*
  • Low site cover of 45%
  • Drive through and drive around building with surplus yard area
  • Securely leased to a National tenant on a long term lease
  • Strong annual rental increase structure with market reviews at options
  • Opportunity to access reversionary income in the short term
  • Vendor has recently installed a new ESFR sprinkler system
  • High underlying land value
  • Long term repositioning flexibility
  • Severe lack of available developable land in the immediate precinct

For further information, please contact the exclusive selling agent Elijah Shakir from ReVest Property Group.

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