Colliers International is please to exclusively present for sale North Sydneys most iconic development site - 41 McLaren Street, North Sydney.
41 McLaren Street, North Sydney provides the opportunity to acquire a 7-storey office tower strategically positioned for substantial value add through refurbishment or redevelopment.
The propertys key features include:
- 100% freehold interest - Commanding a prominent location, opposite Victoria Cross Metro Stations northern entrance that will provide for a 5 minute commute to Martin Place upon completion - 2.7 year WALE - Strategically positioned for redevelopment with holding income and 6-month demolition clauses - Opportunity for significant rental reversion due to below market average passing rents - Benefits from views of Sydney Harbour and fours sides of natural light - Expansive Practical floor plates of up to circa 1,500m²* - Rare expansive balcony areas - High car parking ratio of (1:85m² NLA) - Central lift core providing for easily sub-dividable floor plates - 4 Stars NABERS Rating
For Sale via Expressions of interest closing Wednesday, 25 November 2020 at 4pm (AEDT).
