Ray White Commercial is pleased to present to the market for sale an exceptionally rare opportunity to acquire a value-add investment or flexible redevelopment opportunity, located within the tightly held Alexandria market. The property is currently operating as a bus depot and the existing buildings consist of a freestanding workshop and office.
This asset is available with a short WALE, making it ideal for a variety of potential buyers, including Owner Occupiers, Developers, and Investors.
Key selling features include:
2,680 sqm* rectangular shaped site with low site coverage
770 sqm* building area
Short term holding income with tenant paying 100% of outgoings
Assessed net market income of $529,975 p.a.* offering significant short-term rental reversion
Currently operating as a bus depot & workshop
Low site coverage providing immediate value-add potential
4,020sqm permissible GFA *
Leased to Australian Wide Coaches expiring February 2026, so offered as a going concern
9 Bradford Street, Alexandria is offered for sale via an Expression of Interest campaign closing on Thursday 27th March 2025 at 3:00pm (AEDT).
For further information, please contact the exclusive selling agents below.
*Approximately
The size of Alexandria is approximately 3.5 square kilometres. There are 10 parks, covering nearly 14.2% of the total area. The population of Alexandria in 2016 was 8262 people. By 2021 the population was 9649 showing a population growth of 16.8% in the area during that time. The predominant age group in Alexandria is 30-39 years. Households in Alexandria are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Alexandria work in a professional occupation.In 2021, 46.40% of the homes in Alexandria were owner-occupied compared with 46.90% in 2016.
Alexandria has 8,445 properties. Over the last 5 years, Houses in Alexandria have seen a 6.65% increase in median value, while Units have seen a 5.72% increase. As at 31 August 2026:
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