480 Pacific Highway, St Leonards NSW 2065
- 1,100 m²
- For Sale, Expressions of Interest
Bankable Virgin Active St Leonards Investment
Exclusive listing agents, Knight Frank, are delighted to present Virgin Active - St Leonards For Sale via Expressions of Interest.
This bankable investment offers a strong income from a globally renowned lifestyle tenant, underpinned by a sought after Lower North Shore location.
Key Investment Highlights:
- Global covenant in Virgin Active.
- New 10 year lease till 2029, with options till 2039.
- Gross Annual Income of $895,000.
- Fixed 3.25% rental increases, per annum.
- 1,100sqm* Net Lettable Area with 13 parking spaces.
- Immediate Access to Crows Nest Metro Station and St Leonards Transport Hub.
- Strong growth location, neighboring Royal North Shore and Marter Hospitals.
- Future subdivision potential (STCA).
For Sale by Expressions of Interest closing 4:00PM (AEST) Thursday 6 June 2019.
*All areas are of approximate value only and are subject to final survey.
|Floor Area||1,100 m²|
|Land Area||Ask Agent|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||9 May 2019|