88 Bourke RoadAlexandria NSW 2015
Property Details for 88 Bourke Rd, Alexandria
Last Listing description (November 2023)
CBRE is pleased to bring to the market for sale, 88 Bourke Road Alexandria.
This is an outstanding opportunity to acquire an a-grade tenanted free standing brick warehouse/office investment in a prominent corner location in Sydney's thriving South. The property features a generous clear span warehouse area accessed via a single roller shutter door. The office/showroom has fantastic exposure to Bourke Road and is accessed directly off the car parking area.
Positioned in the heart of Alexandria, 88 Bourke Road is supported by a plethora of businesses and amenities within its vicinity including The Grounds of Alexandria (190m*), Sydney Park (850m*) and Green Square Station (900m*). Furthermore, an influx of government led infrastructure upgrades to South Sydney including Waterloo Metro Station, Green Square Aquatic Centre and Tech Central are helping to shape unprecedented growth in Sydney's South.
Key Features:
- Significant 2,106sqm* land offering, 2,141.2sqm* floor area
- Premium investment opportunity in Sydney's flourishing South with future development upside (STCA).
- Leased to Sydney Tools on a 5 + 2 year lease returning a Net Income of $556,863 per annum (+GST)
- Supported by a plethora of local amenity including Green Square Station, Sydney Park & The Grounds of Alexandria
- Set to benefit from Government backed developments driving population and infrastructure growth
- Flexible B6 Enterprise Corridor zoning
- One of the most high profile locations in South Sydney, occupying a rare corner location and only 1.8km* to Sydney CBD
For more information please contact the exclusive selling agents below.
Jason Lowry
0419 277 527
Matthew Fenn
0416 925 444
Nathan Egan
0417 436 583
*Approx.
Property History for 88 Bourke Rd, Alexandria, NSW 2015
- 12 Sep 2022Listed for Sale Contact Agent
- 09 Jul 2015Listed for Rent - Price not available
- 29 May 2014Listed for Rent - Price not available
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0About 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 8,275 properties. Over the last 5 years, Houses in Alexandria have seen a 30.71% increase in median value, while Units have seen a 17.52% increase. As at 31 December 2024:
- The median value for Houses in Alexandria is $2,143,145 while the median value for Units is $975,696.
- Houses have a median rent of $900 while Units have a median rent of $790.
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