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CBRE - Sydney

178 Pacific Highway St Leonards, NSW 2065

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178 Pacific Highway,
St Leonards, NSW 2065

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CBRE - Sydney
Toby Silk
Jason Lowry
Nicholas Heaton

CBRE - Sydney

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

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REFURBISHED OFFICE BUILDING WITH UPSIDE

  • Elevated Position with Water Views
  • NLA of 1,404.4sqm* + 42 Car Spaces
  • Value-add Development Potential
CBRE, as the exclusive sales agent, is pleased to present 178 Pacific Highway, St Leonards to the market.

Commanding an elevated position, this five-level trophy freehold office building enjoys breathtaking views with the Sydney CBD to the South, water views over the Parramatta River to the West and park views to the East. 178 Pacific Highway comprises 1404sqm* of NLA and 42 car spaces, all serviced by a refurbished KONE elevator. The property's floorplates lend themselves to be easily reconfigured to accommodate multiple tenancies and the potential to be strata titled (STCA). The building’s main entrance is situated on Pacific Highway, whilst rear lane vehicular access to the property’s at-grade, basement and first floor parking is available via Elcedo lane. Additionally, the property provides significant value-add potential through the development of additional levels (STCA), further capitalising from its location.

Currently supported by the existing St Leonards Train Station, the suburb boasts a highly accessible and central location between the commercial hubs of Chatswood, North Sydney and Sydney CBD. Known for its thriving office market and world-class healthcare facitilies; St Leonards also offers several elite schools, parks, retail and dining amenities. With the St Leonards/Crows nest precinct planned to experience significant transformation in the future, 178 Pacific Highway will capitalise greatly on the imminent growth of the area.

178 Pacific Highway benefits from the following key attributes:
- Opportunity for a strata title, significant rental reversion, or to add additional levels (STCA)
- Opportunity for whole building occupier or to be split up into multiple tenancies
- Buildings Class 9b classification allows immediate occupation by educational and religious organisations
- NLA of 1,404.4sqm* plus 42 car spaces (1:33sqm)
- Significantly refurbished five-storey freehold office building with future-proofed prominent views of Parramatta River, Sydney CBD and St Leonards skyline
- Zoned B3 Commercial Core
- Favourable planning controls support the opportunity for an additional developable area of 800sqm* NLA
- Set to benefit from rapid forecast growth of the St Leonards/Crows nest priority precinct
- Easy walk to St Leonards train station, TAFE NSW, and Royal North Shore Hospital
- NABERS exempt due to Class 9b classification

Interested parties are invited to submit their expressions of interest for the purchase of 178 Pacific Highway, St Leonards by Wednesday 9 June at 4:00pm.

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

*approximate

Property ID: 503825906Last Updated: 11 Aug 2021

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