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CBRE - Sydney

170 Pacific Highway St Leonards, NSW 2065

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170 Pacific Highway,
St Leonards, NSW 2065

Offices • Shops & Retail • Development Sites & Land

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CBRE - Sydney
Toby Silk
Jason Lowry
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
170 Pacific Highway
St Leonards, NSW 2065

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REFURBISHED FREEHOLD OFFICE BUILDING INVESTMENT

  • Net income: $2,699,017 per annum*
  • 100% leased with WALE of 4+ years
  • NLA of 4,402sqm* + 116 car spaces
CBRE, as the exclusive sales agent, is pleased to present 170 Pacific Highway, St Leonards. Situated just
moments from St Leonards Station and Crows Nest town centre, this trophy freehold building comprises five-storeys of newly refurbished offices. Currently fully leased with a long WALE of 4+ years, 170 Pacific Highway is also DA approved for an additional two storeys of office space. Accordingly, the property is a secure investment with significant value-add potential, further capitalising from its location within a rapidly growing commercial precinct.

170 Pacific Highway benefits from the following key attributes:

- Net income: $2,699,017 per annum*
- 100% leased with WALE of 4+ years
- NLA of 4,402sqm* plus 116 car spaces
- Five-storey freehold office building sitting on huge 2,434sqm* land parcel
- Over $2,600,000 CAPEX invested since 2015
- DA approved for an additional two storeys (NLA 1,670sqm*)
- Views of Sydney CBD and Sydney Harbour
- Set to benefit from future developments within the St Leonards/Crows Nest priority precinct
- Easy walk to St Leonards Station and Royal North Shore Hospital
- 4-Star NABERS Energy rating

Interested parties are invited to submit their expressions of interest for the purchase of 170 Pacific Highway, St Leonards by Wednesday, 1 July 2020 at 4pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property ID: 503565534Last Updated: 30 Nov 2020

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