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      Avi Gordon

      General Manager – Investor Capital

      M +61 419 868 088 Contact Avi

      Harry Rosenberg

      Co-Founder and Director

      M +61 418 327 286 Contact Harry

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      View property

      50 Stennett Road

      • Ingleburn NSW

      • GLA 17,576sqm on Land 65,680sqm

      • Purchased March 2014 • Sold May 2017

      • IRR 18.1%
      • TR 68.8%
      View property

      Strategy

      An industrial estate, featuring an A-Grade industrial office warehouse of 9,928sqm which was constructed in 2002.

      Located in the south western growth corridor of Ingleburn approx 44km from Sydney CBD.

      Activities

      At purchase, the warehouse was leased to Schneider Electric (Australia) Pty Ltd, a subsidiary of multinational Schneider Electric SA.

      We won a competitive tender process to deliver a new and expanded distribution facility for Schneider Electric.

      With the surplus land we engaged surveyors to provide the most efficient subdivision plans if the tenant decided not to renew their lease.

      Outcome

      We delivered a new facility integrated with the existing facility delivering a GLA of 17,500sqm. The construction was completed on time and within budget while the tenant continued operations.

      The tenant committed to a new 12 year lease, with the remainder of the site subdivided.

      Property was sold in May 2017.

      Looking for bespoke space for your business?

      With partnership at the core of our approach, we work closely with clients to create bespoke solutions that are mutually beneficial.

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