SOLD
Sold on 27 Oct 2023 for $6,210,000

71 Burrows Road
Alexandria NSW 2015

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 980m2
Land area: 923m2
Sold By
WBE Pty Ltd. T/a X Commercial
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Property Details for 71 Burrows Rd, Alexandria

Building Type
Commercial
Floor Size
980m2
Land Size
923m2
Local Government
Sydney
Lot/Plan
1/DP711413

Last Listing description (January 2024)

X Commercial are pleased to bring 71 Burrows Road, Alexandria to market for sale via an Expressions Of Interest Campaign.

An exciting opportunity to secure a freestanding industrial asset in one of South Sydney's most desirable industrial locations, taking advantage of the diminishing industrial land supply just 6km from Sydney's CBD, 4km to Sydney Airport & 9km to Port Botany.

The freestanding industrial property is located along the highly sought after Burrows Road, one of the few remaining E4 General Industrial zoned pockets of Alexandria.

The property offers a freestanding warehouse & office with secure/lockable yard just 400m from the St Peters Westconnex exchange offering convenient access to all of metropolitan Sydney via Princes Hwy, Westconnex M8 tunnel entry, future Sydney Gateway & Airport Links & the Euston & Gardeners Roads exits.

The site benefits from:

Freestanding site of 923m2*
Total building area of 1,023m2*
Ground floor 676m2*
First floor office area 156m2*
Storage mezzanine 200m2*
High clearance warehouse & roller door access
Secure & Lockable yard/parking
E4: General Industrial zoning
Currently operating as a vehicle smash/mechanical facility
DA approvals for vehicle Smash, Mechanical & sales
Smash, Mechanical & workshop equipment to remain including Spray booth, Hoists & Compressors
Onsite wash bay & separator
Holding income - sold going concern
Suitable for occupiers or investors
Floor plan available upon request

Expressions of interest closing 28th September 2023 @ 3pm - vendor invites all serious offers to be submitted as the property will be sold.

To discuss further, arrange an inspection or obtain and IM please contact one of the exclusive X Commercial selling agents below.

Property History for 71 Burrows Rd, Alexandria, NSW 2015

A timeline of how this property has performed in the market
Last Sold
$6,210,000
27 Oct 2023
Listed for Rent
$3.35k/w
23 Feb 2023
  • 27 Oct 2023
    Sold for $6,210,000
  • 31 Aug 2023
    Listed for Sale Expression Of Interest Campaign
  • 14 Sep 2021
    Listed for Sale Contact Agent
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About Alexandria 2015

The size of Alexandria is approximately 3.5 square kilometres. It has 10 parks covering nearly 14.2% of total area. The population of Alexandria in 2011 was 7,048 people. By 2016 the population was 8,252 showing a population growth of 17.1% in the area during that time. The predominant age group in Alexandria is 30-39 years. Households in Alexandria are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alexandria work in a professional occupation. In 2011, 52% of the homes in Alexandria were owner-occupied compared with 46.9% in 2016.

Alexandria has 8,103 properties. Over the last 5 years, Houses in Alexandria have seen a 53.73% increase in median value, while Units have seen a 20.77% increase. As at 31 August 2024:

  • The median value for Houses in Alexandria is $2,188,129 while the median value for Units is $987,189.
  • Houses have a median rent of $950 while Units have a median rent of $775.
There are currently 37 properties listed for sale, and 42 properties listed for rent in Alexandria on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Alexandria.

Suburb Insights for Alexandria 2015

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.