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437-441 Pacific Highway Crows Nest NSW 2065

  • Development / Land
  • 4,240 m²
  • For Sale, Contact Agent

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 Highlights

Property ID2016650300
Floor Area645 m²
Land Area4,240 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Dec 2020
Map for 437-441 Pacific Highway Crows Nest NSW 2065
Map for 437-441 Pacific Highway Crows Nest NSW 2065437-441 Pacific Highway Crows Nest NSW 2065
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Property Highlights

Property ID2016650300
Floor Area645 m²
Land Area4,240 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Dec 2020
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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