JLL are pleased to exclusively offer 343 Church Street, Penrose for sale by Deadline Private Treaty, closing 4pm Thursday 22nd May 2025 (unless sold prior).
First time on the market in 35 years, this property presents an opportunity to acquire a standalone solid asset in the highly sought-after Penrose industrial precinct. Situated on a 9,089sqm freehold site, zoned for Business Heavy Industry, Church Street location allows super convenient access to major arterial routes and motorway systems.
This property totals 3,799sqm of building area and accommodates three tenancies on a mixture of periodic and short-term leases. The portal frame warehouse spans 3,000sqm, currently divided into three separate warehouses, and offers variable stud heights ranging from 9.6 meters to 12 meters, including a sprinkler system installed for fire protection. Two of the warehouses have easy access via two level-entry roller doors, with the middle warehouse accessible via a single roller door. Existing gantry rails allow for hoist usage if required in the future.
The property benefits from two vehicle crossings via Church Street, secure yard, and full drive-around access. Two-level offices are located at the eastern and western end of the premises, being a mix of open plan and partitioned office space. Building maintains a current Building Warrant of Fitness. This is an opportunity for occupiers, investors and developers to secure a strategic site.
Key Features:
* 9,089sqm (more or less) freehold site
* 3,799sqm approx. building area
* Dual access via Church Street
* 80% NBS rating
* Short term leases/holding income
* Heavy Industry zone
Call the sole agents now for further information.
Jeremy Barnett
021 500 972
Jeremy.Barnett@jll.com
Danny Guise
027 5555 979
Danny.Guise@jll.com
