Acquired in Jun-21, the property is on a diminutive 1,504 sqm in site area located in the Mascot, NSW just 500m north of Sydney Airport. The existing site is hardstand with no building improvements.

The site benefits from a B7 Business Park zoning and 44m height limit. The intention in acquiring the site was redevelopment as a high-rise self-storage facility in a densely populated South Sydney residential precinct adjacent to Mascot Train Station.

In 2022, a DA was secured for the redevelopment of the property as a seven storey self-storage facility for a total of 5,230sqm in NLA.