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437-441 Pacific Highway
Crows Nest NSW 2065
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Sold on 11 Jun 2021

437-441 Pacific Highway Crows Nest NSW 2065

  • Development / Land
  • 4,240 m²
  • Sold

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.

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold11 Jun 2021
Floor Area645 m²
Land Area4,240 m²
ParkingOn site parking available
Property ID2016650300
Category
Last updated  15 Jun 2021
Map for 437-441 Pacific Highway Crows Nest NSW 2065

Nearest transport* to 437-441 Pacific Highway Crows Nest NSW 2065

Bus
Train
Ferry
Pacific Hwy Before Falcon St30 m
Pacific Hwy After Shirley Rd40 m
Crows Nest, Burlington St85 m
Shirley St At Pacific Hwy92 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold11 Jun 2021
Floor Area645 m²
Land Area4,240 m²
ParkingOn site parking available
Property ID2016650300
Category
Last updated  15 Jun 2021

Listed by

Toby Silk
Toby Silk
CBRE Sydney
Call
0422 143 813

More about 437-441 Pacific Highway Crows Nest NSW 2065

437-441 Pacific Highway Crows Nest NSW 2065 is categorized as Land & Development Property. It has a floor area of 645 m² and a land area of 4,240 m². The listing ID for this property is 2016650300.

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