Share this property

realcommercial.com.au
CBRE - Sydney

437-441 Pacific Highway Crows Nest, NSW 2065

Directions

437-441 Pacific Highway,
Crows Nest, NSW 2065

Development Sites & Land • Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - Sydney
Jason Lowry
Toby Silk
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
437-441 Pacific Highway
Crows Nest, NSW 2065

Map of 437-441 Pacific Highway

Directions

FREEHOLD INVESTMENT WITH POTENTIAL DEVELOPMENT UPSIDE

  • Huge 30m* Frontage
  • Multiple tenancies
  • Next to Crows Nest Metro Station
Located just a few doors up from the future Crows Nest Metro station, 437-441 Pacific Highway Crows Nest is a two-storey freehold mixed-use building with potential development upside (STCA). The property currently acts as a valuable pedestrian arcade through to the Crows Nest Village, with 9 tenancies providing a diversified income with the benefit of staggered expiries and short-term upside through leasing up vacancy and rental reversion. Being so close to the future Crows Nest Metro Station, the property is included in the St Leonards & Crows Nest 2036 Plan which provides a significant development opportunity allowing for a potential GFA of 1,617sqm (STCA).

437-441 Pacific Highway benefits from the following key attributes:
- Huge 30m* Frontage
- Net income of $111,775 per annum*
- Leased to multiple tenancies
- Mixed use commercial freehold building on popular Pacific Highway
- Net lettable area of 645sqm* with high vehicular and pedestrian exposure
- Set to benefit from the St Leonards and Crows Nest Station 2036 Final Plan
- Situated metres from Crows Nest Village, St Leonards Station and future Crows Nest Metro
- Located within proximity to parks, shops, local restaurants and amenities

For sale via private treaty

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: 503706250Last Updated: 14 Jun 2021

Make an enquiry

What's your enquiry about?

Enter your details

More properties from CBRE - Sydney

Other properties you might be interested in based on the location and property type you are looking at.