Botany warehouses fetch $11.2m

An industrial investment neighbouring the enormous ex-Standard Knitting Mills factory, at Botany, has sold.
The two warehouses, 36-38 Sir Joseph Banks Street, fetched $11.2 million.
The combined building area is 1706 square metres.
The land is 2384 sqm.
One tenancy is occupied, to Burson Auto Parts (continues below).
Cushman & Wakefield’s Nick Mallett and Jake Savery acted for the vendor, the Kourouche family.
Also this month, we reported Goodman paid $13.5m for a 3485 sqm Botany site to extend its Portair Industrial Estate.
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