Exciting two-level development in South Sydney’s highly sought-after Port Botany precinct hits the market for lease
19 September 2024The innovative warehouse and distribution centre with a total available area of 15,178 sqm across 3 tenancies provides the ultimate flexibility to occupiers.
This newly completed multi-level warehouse and distribution centre in South Sydney’s highly regarded Port Botany area has come to market for lease following its completion this month.
A stone throw away from one of Australia’s largest ports and airports, the site is conveniently located 300 metres from the McCauley Street and Botany Road intersection in Matraville. The location also provides convenient access to Sydney’s main road network, including the Eastern Distributor, Southern Cross Drive, M5 Motorway, and the new M8 Motorway.
The property, Portal, at 42-52 Raymond Avenue, Matraville is within 500 metres to Port Botany, 5 kilometres to Sydney Airport and 13 kilometres south of Sydney’s CBD. It has been flexibly designed to accommodate users from 5,007 sqm to 5,109 sqm with ancillary office adjoining warehouse spaces. It also offers up to 15,178 sqm of available GLA.
The central breezeway and generous number of double width roller shutter doors, allows for all weather and efficient loading areas to suit a wide range of occupiers. Opportunity for exclusive use of breezeway area when occupying two units on Level One providing up to an additional 1,850 sqm of area.
The Colliers team of Michael Crombie and Trent Gallagher, and the CBRE team of Nathan Egan and Nick Zenonos, have the exclusive listing on behalf of the landlord, Cabot Properties.
“Portal is Australia’s second multi level development and the finished product in unbelievable. From a tenant perspective, the opportunity provides great space flexibility with three units remaining. Access is seamless with superior height and the flight to quality. It is important for Australians to embrace multi level development in areas so close to the Port and Airport,” Mr Crombie said.
“This is the second ever multi-level development to be built in Australia and the first with such immediate access to Port Botany. This brand new state of the art development will be the future home of many A-grade industrial and logistics tenants,” Mr Gallagher added.
Port Botany contributes $3.7 billion to NSW gross state product and handles 2.5 million containers every year.