2 Woolworths Way, Warnervale

For Sale
NSW
> Super Prime logistics offering leased to Woolworths Group Limited
> Rare offering of scale
> Exposure to high growth food distribution logistics sector

Woolworths Anchored Logistics Facility

Colliers and CBRE are pleased to offer for sale 2 Woolworths Way, Warnervale, a high-quality, significant distribution centre strategically located within a growth market of New South Wales.

Anchored by Woolworths, one on the strongest covenants in industrial & logistics real estate, the opportunity provides the following captivating features;

  • Value-add potential through development of the expansion land given the low 23% site coverage
  • Super Prime logistics offering with investment grade covenant to Woolworths Group Limited
  • Modern and highly functional building improvements of 54,196m²
  • Significant freehold land holding of 231,600m², centrally located within proximity to the M1 Motorway to service the northern suburbs of Sydney to the Tweed Coast in Northern New South Wales
  • Brand-new 5-year lease with strong fixed review pattern
  • Net passing income of $6,069,952 ($112/m²) per annum (as at 1 August 2021)
  • Rare offering of scale in the tightly held Sydney industrial market
  • Exposure to high growth market of non-discretionary food distribution sector

 

This exceptional investment opportunity is being offered for sale via International Expressions of Interest closing 4:00pm AEDT, Friday 26th March 2021.

SIZE: 231,600sqm
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Agent Headshot
Gavin Bishop
Agent Headshot
Sean Thomson

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