198 Pacific Highway,
Crows Nest, NSW 2065
Medical & Consulting • Shops & Retail
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Prime Exposure, Blue-Chip Tenant & Huge Upside!
- Leased to Mater Hospital
- Recent Major Refurbishment
- Substantial Rental Growth
Ideally located in a high profile corner position with a huge amount of passing traffic, this freestanding retail/office building has recently undergone a major refurbishment and fit out for medical use by the sitting tenants St Vincents & Mater Health Limited. With ground floor and first floor space shared between Pathology and specialists, 198 Pacific Highway allows Pacific Highway exposure for the Mater’s North Sydney campus located on Rocklands Road.
Lease Term: 5 years expiring 22/04/16 + 2 year Option
Current Net Rental: $65,263.00 p.a. + GST (Up To 5% Net Return)
Market Net Rental*: $117,755.00 p.a. + GST (Up To 9% Net Return*)
*Market Rental based on comparable retail & offices currently on market
For sale by negotiation pre auction
Price Guide: Over $1,300,000
Lease Term: 5 years expiring 22/04/16 + 2 year Option
Current Net Rental: $65,263.00 p.a. + GST (Up To 5% Net Return)
Market Net Rental*: $117,755.00 p.a. + GST (Up To 9% Net Return*)
*Market Rental based on comparable retail & offices currently on market
For sale by negotiation pre auction
Price Guide: Over $1,300,000
Property ID: 500977951Last Updated: 5 Mar 2014
02 9925 12...
198 Pacific Highway
Crows Nest, NSW 2065
Raine & Horne Commercial - North SydneyLevel 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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