47-53 Pacific Highway Waitara NSW 2077

Offered For Sale for the first time in 35 years, Colliers are pleased to present the prestigious Subaru Waitara retail freehold investment located at 47-53 Pacific Highway.

Prominently positioned in a tightly held and highly coveted Pacific Highway corridor location on Sydney's affluent Upper North Shore, this rare offering is fully leased to one of the world's largest automotive groups on a secure long term lease, and offers genuine future development potential (STCA).

Key Highlights:
+ Strong covenant with global tenant Inchcape
+ Secure 5+5 year net lease
+ Fixed 3.75% annual rental increases
+ Multiple value-add propositions
+ Phenomenal natural light from north facing aspect
+ Excellent 37.8m Pacific Highway exposure
+ Regularly shaped parcel of land with rear lane access
+ Planning controls allow for Shop Top Housing development (STCA)
+ Within 250m of Waitara Train Station + Bus Stops.

For Sale via Online Auction:
+ When: Thursday 14 October 2021 commencing 10:30am (AEDT)
+ Where: AuctionNow - auctionnow.com.au/properties/75911

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.