Colliers is pleased to offer to the market, 137-147 McCredie Road, Smithfield for sale via Expressions of Interest closing Thursday, 29th September 2022 at 4:00pm (AEST).
This rare opportunity is to acquire a property with huge potential, in one of western Sydney's most sought after industrial precincts. This freestanding industrial warehouse/office facility is spread over three separate but adjoining buildings with access on two sides of the building.
Located within the Cumberland City Council Local Government area the property is approximately 30 km west of the Sydney CBD and 8.5 km south-west of Parramatta CBD. Smithfield is a tightly held industrial precinct central to all parts of Sydney metropolitan area.
Key features include:
10,210.2sqm warehouse / office area
20,240sqm total site area
Leaseback to 3M Australia Pty Ltd
Rental Income $1,200,000 pa net
Substantial value add opportunity in core western Sydney infill location
For more information or to arrange an inspection, please contact the exclusive selling agents.
*Approximate
The size of Smithfield is approximately 8.9 square kilometres. It has 25 parks covering nearly 11.5% of total area. The population of Smithfield in 2011 was 11,018 people. By 2016 the population was 11,974 showing a population growth of 8.7% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a trades occupation. In 2011, 62.2% of the homes in Smithfield were owner-occupied compared with 57.4% in 2016.
Smithfield has 5,865 properties. Over the last 5 years, Houses in Smithfield have seen a 72.10% increase in median value, while Units have seen a 37.05% increase. As at 30 November 2024:
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