The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.
Discover the best professional documents and content resources in AnyFlip Document Base.
Search
Published by hl, 2018-10-21 18:18:40

560 Botany road

GREEN SQUARE
NEWTOWN
ROSEBERY
SYDNEY AIRPORT


Council for the refurbishment of the substantial current structure in order to accommodate a range of office and showroom tenants.
Alexandria has developed into a highly popular inner city residential and commercial precinct known for its leading edge residential architecture, stylish restaurants, small bars and design stores.
Regular bus transport is available outside the building and it’s an easy walk to Green Square station.
560 Botany Road offers astute investors and developers the following key attributes:
• Substantial building constructed of reinforced slab floors with a metal sheet clad roof.
•The building has been gutted in readiness for refurbishment/ construction.
• Current Gross Floor Area of 1,292sqm over (3) three levels; level (2) two part mezzanine, main level floor heights plus 4m.
• Rectangular 556sqm block with frontages to Botany Road and Beaconsfield Lane.
• B7- Business Park – flexible usage.
• Current Development Application is for warehouse-style
creative office accommodation.
• Great opportunity for owner-occupiers, investors or developers to secure a freestanding building in a highly desirable and popular inner city location.
Introduction
560 Botany Road, Alexandria is an outstanding smaller commercial development opportunity. A Development Application has been lodged with the City of Sydney
Gunning Real Estate is delighted to offer for sale by Private Treaty 560 Botany Road, Alexandria, NSW. The property is prominently positioned on Botany Road almost opposite Morley Avenue near The Cannery, numerous fashion and design stores and popular food and beverage establishments including Archie Rose Distilling Co, Black Star Pastry, Zeus Street Greek, Da Mario Pizza and Three Blue Ducks.


Executive Summary
Title
Property Description
Location
Zoning
Development Application
Land Area
Title Description
Tenancy
Current Outgoings
Terms of Sale
Lot 1 Deposited Plan 90562
A three (3) level freestanding commercial building Gross Floor Area of 1,292sqm,
internally gutted ready for development
Botany Road frontage and rear boundary onto Beaconsfield Lane; opposite Morley Avenue Alexandria
B7 – Business Park; to provide for a variety of office and light industrial usage and facilities for the day to day requirements of workers in the area. City of Sydney Council’s LEP.
Total Floor Area – Proposed: 1,370 sqm office usage. 556 sqm
Torrens
Vacant – Selling with Vacant Possession
$81,074 annually Private Treaty
560 Botany Road, Alexandria, NSW.




New Green Square Town Centre
Investment & Development
Alexandria has a rich past and an exciting future. Sydney’s oldest industrial heartland has transformed into a vibrant, sustainable and connected community. For the first time in more than 100 years, the City of Sydney has designed a new town centre known as Green Square, just a short distance from 560 Botany Road.
The vision is to revitalise the heritage and charm of this inner city precinct using innovative design to create an inspiring, vibrant place to live, work and visit.
Close to the airport and city centre, Alexandria is exceptionally well connected by rail, bus and cycleways.
• 3.5km from the city and 4km from the airport
• Close to the $13b urban redevelopment Green Square • Neighbouring 30,000 new residential dwellings.
• 61,500 people expected to live in the area by 2030
Green Square Gunyama Park Aquatic and Recreation Centre
Green Square Aquatic Centre
560 Botany Road, Alexandria is designed to attract today and tomorrow’s work force to one of Sydney’s most anticipated, well-connected urban renewal areas.
Above images courtesy of City of Sydney , Stewart Hollenstein with Colin Stewart Architects and Andrew Burges Architects with Grimshaw and TCL


SYDNEY CBD
WATERLOO
GREEN SQUARE STATION
EAST VILLAGE
IGA SUPERMARKET
B B
ALEXANDRIA
ROSEBERY
THE GROUNDS
THE CANNERY
NEW GREEN SQUARE TOWN CENTRE
BOTANY ROAD
SYDNEY AIRPORT
The Location
Alexandria is an inner city suburb of Sydney, NSW, Australia. Located 4km south of the Sydney CBD and 2km south of Central Station, it is part of the Local Government Area of the City of Sydney.
The rough boundaries of Alexandria are Botany Road to the east, Gardeners Road to the south, Mitchell Road and Sydney Park to the west, and Boundary Road to the north.
It is largely a business suburb with medium to high density residential areas, light industrial, retail and commercial tenants.
Alexandria is part of the Green Square district that adjoins 560 Botany Road, which is undergoing significant gentrification. This involves an urban renewal project encompassing modern retail, business and medium to high density residential developments.
According to City of Sydney Council and its planners, “The Town Centre of Green Square is designed as a high density
eco precinct with beautifully designed apartments lining streets brimming
with interesting places to eat and shop. Surrounded by a plaza and library, landscaped parks and commercial spaces created for the modern workforce, it will be a neighbourhood on a human scale
– one that celebrates the individual and the artisan. A global village for the global citizen.”
Green Square Town Centre sits at the
very centre of the business, cultural and shopping areas of the Sydney CBD, Mascot,
Surry Hills, Bondi Junction, Paddington and Newtown. In the immediate vicinity of 560 Botany Road lie exciting fashion, food and design hubs such as The Cannery.
The redevelopment of 560 Botany Road
is designed to complement Alexandria’s cultural rebirth and urban renewal and attract tenants who in many cases may also live in the area.


5th Earl
Archie Rose
Zeus Street Greek
Messina
MOORE PARK
Transport & Lifestyle
560 Botany Road is serviced by State Transit bus routes to the Sydney CBD and lies within walking distance of Green Square station on the Sydney Trains network.
Sydney Airport is within close proximity and so too are connections to the M5 East, the Eastern Distributor and, in the near future, WestConnex. It is also surrounded by an outstanding array of
lifestyle options.
1. The Cannery
2. Black Star Pastry
3. Gelato Messina
4. IGA Rosebery
5. Dan Murphy’s Rosebery
6. Modo Yoga
7. Mentmore & Morley
8. The Green Elephant Day Care
9. The Grounds of Alexandria
10. New Green Square Library & Plaza
11. New Green Square Aquatic Centre (set to open 2020) 12. East Village Shopping Centre
13. Supa Centa Moore Park
14. Officeworks
15. F45 Gym
16. Dan Murphy’s & Woolworths Alexandria
17. Bunnings Alexandria
18. Harvey Norman & Domayne
19. Alexandria Homemaker Centre
20. Australian Golf Club
16
17
WATERLOO
10
GREEN SQUARE STATION
ZETLAND
13
12
11
9
19
4
5
2
3
ALEXANDRIA
18 14
B
B
ROSEBERY
KENSINGTON
86 7
1
15
20
B BUS STOP TRAIN STATION
EPSOM ROAD
BOURKE ST
COLLINS ST
O’RIORDAN ST
BEACONSFIELD ST
EASTERN DISTRIBUTOR
MORLEY ROAD
BEACONSFIELD LANE
BOTANY ROAD
DUNNING AVE


The Property
560 Botany Road, Alexandria is a freestanding three (3) level (level 2 part mezzanine) building with two street frontages.
The construction is of reinforced clear span concrete slab floor with brick walls and a pitched metal roof.
The building was previously used as a wedding reception and function centre known as Twin Receptions. The floors have been gutted in readiness for redevelopment.
Notable features of the internal areas are the open-plan layout and towering ceiling height of approximately 4m, which create an exceptional canvas for proposed redevelopment into creative warehouse-style offices.
Three-phase power is connected as are gas and sewage. The building is well constructed and very suitable for the planned refurbishment/ redevelopment.
Land Details
• Title description: Lot 1, Deposited Plan 90652
• Valuer General’s Assessment: $4.25m as at 1st July 2017
• Land size: 12.19/12.22m x 45.29/45.90m; Land Area: 556sqm
Outgoings
Council Rates $14,382 annually
Water & Sewage - Standing Charge $3,804 annually Land Tax – Single Holding $62,888 annually
Zoning
Zone B7 Business Park
Objectives of zone
• To provide a range of office and light industrial uses
• To encourage employment opportunities
• To enable other land uses that provide facilities or services to meet the day
to day needs of workers in the area
• To ensure uses support the viability of nearby centres
Development Application
A Development Application has been lodged with City of Sydney Council for the conversion of 560 Botany Road, Alexandria into commercial offices. The application is in the final stages of approval.
• Development Application Number: D/2018/733 • Architect: Thomas Cox nominated architect 3971
HABITAT ARCHITECTS - Human Scale Architecture T: (02) 9314 6223 M: 0400 390 648 www.habitatarchitects.com.au


3
3
1:300 1:300
6
OFFICE / STORE
6
FH
OFFICE / STORE
1:300
FH
1:300
2
2
1:300
1:300
5
FH
5
TPH
SHOWER / CHANGEROOM
EGRESS PASSAGE
1:300
1:300
EMPLOYEE BICYCLETENANCY 1.3 PARKING
1
1 1:300
1:300
4
4
1:300
ISSUE PROJECT
CLIENT DWG
1:300
DATEISSUE PROJECT
Floorplans - Existing
556 sqm
Floorplans - Proposed
LEVEL 3 PLANL-EEVXEILST3INPGLAN - EXISTING
LEVEL 3 PLANL-EPVREOLP3OPSLEADN - PROPOSED
est.SFL 15.750
106 sqm
est.SFL 15.750
106 sqm
105 sqm
est.SFL 15.695
105 sqm
LEVEL 2 PLANL-EEVXEILST2INPGLAN - EXISTING
LEVEL 2 PLANL-EPVREOLP2OPSLEADN - PROPOSED
NEW GREASE TRAP IN EXISTING LOCATION
NEW GREASE TRAP
IN EXISTING LOCATION
BIN STORE
VOID OVER
TENANCY 1.1
LEVEL 1 PLANL-EEVXEILST1INPGLAN - EXISTING
LEVEL 1 PLANL-EPVREOLP1OPSLEADN - PROPOSED
HABHITABTITAARTCAHRITCEHCITSECTS
Copyright. Do not reproducCeopthyerigdhrat.wDinognsoint raenpyroduce the drawings in any formwithoutthewrittencofnosrmenwtoitfhtohuetathrcehwitericttte.nconsentofthearchitect.
560 BOTANY RD AL5E60XABNODTRANIAY RD ALEXANDRIA
PROJECT # DaDteATEDW#G#
PROJECT #
1610 1610
Date DWG#
556 sqm
TENANCY 3.1
DUCT
DUCT
525 sqm
525 sqm
HYDRANT PUMPROOM
HYDRANT PUMPROVOISMITOR BICYCLE PARKING
1 2 3
CORRIDOR 1
COURTYARD
CORRIDOR 1
COURTYARD
VOID OVER
est.SFL 18.505
est.SFL 18.505
VOID OVER COURTYARD
TOTAL FLOORTAORTEAAL -FELXOIOSRTINAGRE:A -1E29X2ISsTqImNG :
1292 sqm
TOTAL FLOORTAORTEAAL -FPLROOPROASREEDA:- P1R3O70POsqSmED :
REDVAISTIEON REVISION
1370 sqm
a: 6DolphinStreeat:R6ANDDolWphICinKSNtreSeWtR2A03N1DWICt:K6N1S2W932104316223t: 6e1:2t9o3m1@4h6a2b2i3tatarceh:itteocmts@.cohmab.aitautarchTihteocmtsa.scoCmo.xaunominTahtoemdasrcChoitxecnto3m9i7n1ateAdBaNrc6h2ite3c9t439070198A13BN62394009813
TOTAL FLOOR ARETAOTCALCFULOLAOTRIOANREA CALCULATION
CHKD
CtcHKDREVISION tc REVISION
est.SFL 15.695
VOID OVER TENANCY 1.2
human hsucmalaenasrchailtecatrucrheitecture
CLIENT DATE#
EGRESS STAIR 2
TENANCY 2.1
EGRESS STAIR 2
DUCT LIFT
DUCT
EGRESS STAIR 2
1:20
VISITOR BICYCLE
EGRESS STAIR 1
EGRESS STAIR 1
1:20 1:20
LOADING DOCK
NEW GREASE TRAP
IN EXISTING LOCATION
LOADING DOCK
NEW GREASE TRAP
TENANCY 1.2
TENANCY 1.2
1 2 3
4 SK21
1 2 3
4 SK21
TEA
TEA
TEA
TEA
FH
459 sqm
459 sqm
STORE
LIFT
1:20 1:20
GAS
HYDRANT BOOSTER ASSEMBLEY
EGRESS STAIR 2
TENANCY 3.1
TEA
EGRESS STAIR 2
TEA TEA
WC CLNR
WC
DUCT
WC CLNR
WC
DUCT
EGRESS STAIR 1
LIFT
TENANCY 3.5
ROOF ACCESS
TEA
EGRESS STAIR 1
TENANCY 3.5
ROOF ACCESS
STORE
STORE
EGRESS STAIR 1
EGRESS STAIR 1
TENANCY 2.2
TENANCY 2.1
EGPARREKISNGS STAIR 2 1:20
VISITOR BICYCLE PARKING
VISITOR BICYCLE PARKING
WC CLNR WC
WC
STORE
WC
ELECTRICAL SECURITY ANCBCN. WC 1
FOYER
PROVISION FOR ACC. WC
4
1
2 3
4
BIN STORE IN EXISTING LOCATION
TENANCY 3.2
VOID
TENANCY 3.4
TENANCY 1.2 MEZZANINE
VOID OVER TENANCY 1.2
TENANCY 1.1 MEZZANINE
TPH
SHOWER / CHANGEROOM
EMPLOYEE BICYCLE PARKING
EGRESS PASSAGE
TEA
TENANCY 1.3
TEA
ACC. WC 1
PROVISION FOR ACC. WC
DUCT
CLNR
LIFT
DUCT
ELECTRICAL SECURITY NBN
GAS
HYDRANT BOOSTER ASSEMBLEY
FOYER
TEA
TEA
TENANCY 3.2
TENANCY 3.3
TENANCY 3.3
ACC. WC 2
LIFT
TENANCY 3.4
ACC. WC 2
510 sqm
510 sqm
TENANCY 1.2 MEZZANINE TENANCY 1.1 MEZZANINE 401 sqm
401 sqm
VOID OVER COURTYARD
VOID OVER COURTYARD
VOID
VOID
CORRIDOR 2
VOID OVER COURTYARD
VOID
CORRIDOR 2
VOID OVER TENANCY 1.1
VOID OVER TENANCY 1.1
PROVISION FOR KITCHEN
PROVISION FOR KITCHEN
TENANCY 1.1
PROPOSED CONVPEROSPIONSETOD COMNVMERSCIIOANL TOENCAONMCMIEESRCIAL TENANCIES
SAFIN PTY LTD forSMAAFRINKOPTIYNVLETDSTfoMrEMNATRSKPOTIYNLVTEDSTMENTS PTY LTD
as above
DA12 DA12
MALE
FEMALE
MALE
FEMALE
LIFT
TENANCY 2.2
Beaconsfield Lane
Beaconsfield Lane
Beaconsfield Lane
Beaconsfield Lane
1:8
1:8
WATER METER
ELEC.
1:2W0ATER METER
ELEC.
1:20
4321
5678
4321
5678
123
123
TEA
TEA
KITCHENETTE
KITCHENETTE
KITCHENETTE
KITCHENETTE
TEA
TEA
north
north
DWG DRAWN
SCALE @ A3
as abovSeCALE @ A3
DjkRAWN jk


Contact
Enquire today and take your business to the next level.
Malcolm Gunning
M: 0413 872 422
E: [email protected] D: 02 9310 9211
Daniel Gunning
M: 0413 051 235
E: [email protected] D: 02 9310 9204
Gunning RE Office
15 Belvoir St Surry Hills NSW www.gunningre.com.au
DISCLAIMER
This property report has been prepared by Gunning solely for the information of potential purchasers to assist them in deciding if they are sufficiently interested in the property offered for sale to proceed with further investigation of the property. The information does not constitute all or any part of any offer or sale contract and is intended as a guide only.
The information contained in the report has been prepared in good faith and with due care by Gunning. Potential purchasers should take note however; that the calculations contained in the report are based on figures provided to Gunning by outside sources and have not been independently verified by Gunning. Any projections and areas contained in the report therefore represent best estimates only and may be based on assumptions, which, while reasonable, may not be correct.
Potential purchasers should not rely on any material contained in this report as a statement or representation of fact but should satisfy themselves as to its correctness by such independent investigation as they or their legal or financial advisers see fit.
Interested parties should make their own enquiries with regard to town planning and their intending use.
No liability for negligence or otherwise is assumed by Gunning for the material contained in the report. Any liability on the part of Gunning, its principal, its servants or its agents for damages for any claim by potential investors arising out of or in connection with this report, other than liability which is totally excluded by this clause, shall not exceed $1,000, whether or not such liability results from or involves negligence.
This report is provided to the recipient on a confidential basis and is not to be re- supplied to any other person without the prior written consent of Gunning.
2031
t: 612 9314 6223
e: [email protected]
tc REVISION A
ARCHITECTS
Copyright. Do not reproduce the drawings in any form without the written consent of the architect.
560 BOTANY RD ALEXANDRIA
PROPOSED CONVERSION TO COMMERCIAL TENANCIES SAFIN PTY LTD
VISUAL - LEVEL 3 INTERNAL
PROJECT #
1610 SK25 A
human scale architecture
Thomas Cox nominated architect 3971 ABN 62 394 009 813
DATE # SCALE @ A3 DRAWN CHKD
Date nts jk
DWG #
Market Commentary
A
ISSUE PROJECT
CLIENT
DWG
xx.xx.xx
DATE
issued for DA
REVISION
560 Botany Road, Alexandria sits within one of the most dynamic property markets in Australia. This sale represents an outstanding opportunity to secure a ready-to-build commercial/refurbishment development.
560 Botany Road has been internally gutted to a raw shell that exposes the scale, scope and simplicity of an extraordinary space. The property offers various avenues to add value and realise the fantastic upside that the Alexandria market is capable of.
It is ideally suited to:
• An owner-occupier looking for a strategic advantage in their market through securing a great opportunity with room to grow in a dynamic location.
• An investor seeking a solid asset with strong fundamentals for growth and upside.
• A developer wanting a ready-to-go site in arguably Australia’s largest commercial and residential urban renewal precinct.
The Sale Process
560 Botany Road is being offered for sale by Private Treaty and includes the commercial Development Application currently with City of Sydney Council awaiting approval.
CONTRACT & DA
A copy of the contract, development plans, reports and purchase price can be requested from the selling agents.
T
W


Click to View FlipBook Version