The property, brought to market by RWC Industrial City South agents Marcus Schraag and Costa Fragias, is being pitched as a standout opportunity for buyers typically priced out of freestanding ownership in South Sydney’s booming industrial market.
Set on a 460sqm freehold site, the 443sqm building is currently configured as a gym, offering open-plan, clear-span space with internal clearance of 4.0-4.5 metres.
“Freestanding assets in South Sydney are becoming increasingly unattainable, with most trading well above $10 million,” said Mr Schraag. “This is a genuinely rare chance for owner-occupiers and investors with sub-$5 million budgets to secure a standalone building rather than being limited to strata options.”
Mr Fragias added that the property’s positioning within North Alexandria’s evolving creative and nightlife precinct further enhances its appeal.
“We’re seeing a clear shift in this pocket of Alexandria, driven by the City of Sydney’s push toward a 24-hour economy,” he said. “There’s already momentum with small bar and outdoor dining approvals along McCauley Street, and we expect this trend to accelerate.”
Located minutes from the Sydney CBD, Sydney Airport and Port Botany, the property benefits from direct access to major arterial routes including McEvoy Street, Euston Road and the M8 Motorway. It also enjoys proximity to Alexandria Park, Green Square Station and the new Waterloo Metro.
The building features dual street frontage and flexible E3 Productivity Support zoning, allowing for a wide range of commercial, creative, and industrial uses. It is being offered with a short-term tenancy, providing immediate income alongside future repositioning or redevelopment potential.
“With its character-filled brick construction, functional layout and strategic location, this asset offers both immediate cash flow and long-term upside,” Mr Schraag said. “Opportunities like this - freestanding, sub-500 square metres, and in such a tightly held precinct - are exceptionally scarce.”
The property will be offered for sale via auction at 10:30am (AEST) on Tuesday, 19 May 2026, unless sold prior, with the vendor highly motivated.
HIGH-RES IMAGES HERE
