SOLD
Sold on 17 Nov 2023 for $62,000,000

77 Governor Macquarie Drive
Chipping Norton NSW 2170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 280m2
Land area: 41490m2
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Property Details for 77 Governor Macquarie Dr, Chipping Norton

Building Type
Commercial
Floor Size
280m2
Land Size
41490m2
Local Government
Liverpool
Lot/Plan
38/DP17311

Last Listing description (March 2024)

LJ Hooker Commercial is pleased to offer 77 Governor Macquarie Drive Chipping Norton to the market for sale via Expressions of Interest (EOI).

Situated in popular the Inner South West suburb of Chipping Norton, where land supply is diminishing, benefitting from strong prospects for capital and rental growth.

Key Property Features:
- Total building area of 2,000sqm
- Strong holding income across 5 tenancies
- Prominent 100m frontage to Governor Macquarie Drive
- Substantial 41,490sqm infill parcel zoned IN3 Heavy Industrial
- Immediate value-add and development upside post lease expiry (STCA)
- Ideally positioned to redevelop the site into a prime multi-level logistics facility
- One of the last remaining blocks of land of scale within the Inner South West
- Proximity to major infrastructure Moorebank Intermodal and Western Sydney airport
- Tenant and buyer migration from South Sydney has significantly driven values in the area
- Level rectangle site suitable for redevelopment opportunities - pre lease, subdivision, turn key or a business estate
- Flexible dual zoning of IN2 Light Industrial and IN3 Heavy Industrial allowing for a wide range of uses

77 Governor Macquarie Drive Chipping Norton is for sale via Expressions of Interest (EOI) closing 3:00pm on 1st September 2022.

To obtain a copy of the information memorandum or to arrange an inspection, contact exclusive selling and marketing agent Ryan Jennings

M: 0432 030 014
E: rjennings@ljhcb.com.au

Property History for 77 Governor Macquarie Dr, Chipping Norton, NSW 2170

A timeline of how this property has performed in the market
Last Sold
$62,000,000
17 Nov 2023
Listed for Rent
$18k/w
09 Mar 2023
  • 17 Nov 2023
    Sold for $62,000,000
  • 09 Mar 2023
    Listed for Rent - Price not available
  • 02 Aug 2022
    Listed for Sale Under Contract
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LJ Hooker Commercial Bankstown
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