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246-248 Pacific Highway
Crows Nest NSW 2065
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Sold on 7 Sep 2015

246-248 Pacific Highway Crows Nest NSW 2065

  • Development / Land
  • 323 m²
  • Sold

Blue Chip Investment with Development Upside!

Sensational two storey, Art-deco, gateway building currently occupied by Regus International, a global blue-chip company specializing in serviced offices.

Stylishly refurbished into a range of small office suites with a new communal kitchen, new amenities, boardroom and breakout function area.

Seize this magnificent opportunity to secure a solid, long term investment with residential or commercial development upside. Additional floor space and height is achievable STCA.

Features include:
- Gateway, corner position, 646m2 gross building area
- Stylishly refurbished into small office suites
- Leased to Blue Chip International Tenant for 12 years + 5 year option
- Gross Initial income circa $208,068.00 per annum
- Long term investment with development potential
- Build up to 7 stories STCA
- Residential and/or commercial exit strategy

Enquire today!

The building has a creative deco feel with loads of natural light to each suite. The common area, shared amenities, reception, meeting rooms and small office layout is conducive of the Regus business model.

Most suites are air-conditioned, have intercom access and all have their own unique presence.

The building is prominently positioned on the corner of Bruce Street and Pacific Highway, opposite the intersection of Alexander Street, only one block away from Falcon Street.

Nestled amongst many other commercial & retail businesses and a stones throw from Woolworths, banking institutions, arterial bus routes and loads more amenities.

AUCTION

Auction date and time08/09/2015 10:30
Auction locationMezzanine Level 50 Margaret, Surry Hills

Property Highlights

Date Sold7 Sep 2015
Floor Area646 m²
Land Area323 m²
ParkingAsk Agent
Property ID2012182225
Category
Last updated  17 Sep 2015
Map for 246-248 Pacific Highway Crows Nest NSW 2065

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Property Highlights

Date Sold7 Sep 2015
Floor Area646 m²
Land Area323 m²
ParkingAsk Agent
Property ID2012182225
Category
Last updated  17 Sep 2015

Listed by

Deans Property
Call
02 9282 6777

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