280 Pacific Highway,
Lindfield, NSW 2070

Chesterton International are pleased to offer 280 Pacific Highway, Lindfield for Sale by Expressions of Interest closing at 5pm Wednesday 24th September 2014.

280 Pacific Highway, Lindfield represents an exciting opportunity to acquire a 100% leased commercial building occupied by established long standing tenants including the Commonwealth of Australia. Holding an enviable position with McGrath taking advantage of prominent external signage the building consists of three floors of elevated commercial space and two levels of under croft basement car parking. This property gives an astute purchaser exposure to a reliable and diverse income stream in a transforming Upper North Shore corridor.

Investment Credentials of 280 Pacific Highway, Lindfield include:

•Prominent Landmark commercial building of NLA 1,913sqm and secure parking for 83 cars (1:23sqm)
•100% leased from multiple income streams; Retail, Office, Parking, Communications, Storage & Signage
•Strong covenants including Commonwealth of Australia, McGrath, Lindfield Dialysis Clinic, Omya (a Listed German Multi National Mining Company), Optus & Vodaphone
•Excellent Tenant Retention History – Omya, McGrath & Lindfield Dialysis Clinic have been in occupation for 15 years +
•Scope for Development – B2 Local Centre Zoning – Shop Top Housing Permissible* with 17.5m Height limit
•Value-Add Potential
•Substantial Recent Capital Expenditure
•Net Income $961,893 + GST approx

To request an Information Memorandum or to arrange an inspection please contact either Nick Lowry on 0408 891 376 or Chris Veitch on 0434 566 355 the Exclusive Agents from Chesterton International.

*subject to council approval