11-21 Gardiner Street,
Rutherford, NSW 2320
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
CBRE - Western Sydney
Level 4 10-14 Smith StreetPARRAMATTA, NSW 2150
11-21 Gardiner Street
Rutherford, NSW 2320
Map of 11-21 Gardiner Street
INCOME PRODUCING LANDBANK
- Secure Income
- Strong Annual Rental Reviews
- Future Development Upside
CBRE and Colliers are pleased to offer for sale 11-21 Gardiner Street, Rutherford forming part of The Diverse Nine Portfolio. The property is available for sale individually or in-one-line via an International Expressions of Interest campaign closing Thursday, 1st June 2023 at 4:00pm (AEST).
Key Highlights:
+ Long and secure 13.4 Year WALE to 100% Bottling Company
+ Income producing landbank with a site area of 40,460 sqm
+ Strong rental review structure of the greater of CPI or 3%, providing an accretive running yield
+ Low site coverage of 17%, providing future redevelopment upside
+ Two street frontages of approximately 150 metres each
+ Multiple buildings with a total GLA of 6,996 sqm
+ Secure Net Passing Income of $1,240,289 p.a. ($177/m²)
+ Part of the rapidly growing regional growth market of the Hunter region
+ Rutherford is the second largest industrial precinct in the Hunter Region and home to many major well-known occupiers including Komatsu, Ausco, Nepean, Anaconda and many more
For further information, please contact the selling agents.
*all figures approximate
Key Highlights:
+ Long and secure 13.4 Year WALE to 100% Bottling Company
+ Income producing landbank with a site area of 40,460 sqm
+ Strong rental review structure of the greater of CPI or 3%, providing an accretive running yield
+ Low site coverage of 17%, providing future redevelopment upside
+ Two street frontages of approximately 150 metres each
+ Multiple buildings with a total GLA of 6,996 sqm
+ Secure Net Passing Income of $1,240,289 p.a. ($177/m²)
+ Part of the rapidly growing regional growth market of the Hunter region
+ Rutherford is the second largest industrial precinct in the Hunter Region and home to many major well-known occupiers including Komatsu, Ausco, Nepean, Anaconda and many more
For further information, please contact the selling agents.
*all figures approximate
Property ID: 504312548Last Updated: 8 Sep 2023
CBRE - Western SydneyLevel 4 10-14 Smith Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.