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Sold on 10 Jul 2019

480 Pacific Highway St Leonards NSW 2065

  • Offices
  • 1,100 m²
  • Sold

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.

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Property Highlights

Property ID2015250464
Date Sold10 Jul 2019
Floor Area1,100 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingAsk Agent
Category
Last updated  9 May 2019
Map for 480 Pacific Highway St Leonards NSW 2065
Map for 480 Pacific Highway St Leonards NSW 2065480 Pacific Highway St Leonards NSW 2065
Knight Frank North Sydney
Level 33, Suite 33.02, 100 Mount Street North Sydney NSW 2060

Inspections are still happening

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