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Sold on 31 Dec 2020

555 Pacific Highway Artarmon NSW 2064

  • Development / Land
  • 2,535 m²
  • Sold

LOWER NORTH SHORE FREEHOLD - TRIPLE NET LEASE WITH SIGNIFICANT LAND HOLDING

  • 2,535sqm* of Corner Positioned Land
  • Net Passing Income of $797,810* p.a
  • Triple Net Lease till 2026 plus option

CBRE as exclusive agents are pleased to offer 555 Pacific Highway, Artarmon to market for sale via Expressions of Interest closing on Thursday 16th July 2020 at 3pm (AEST).

This property represents a prime investment opportunity with significant land holding in Sydneys tightly held Lower North Shore.

Tenanted by North Shore Ford, Australias second largest Ford retailer and part of the Peter Warren Automotive Group on a triple net lease, this property is a highly desirable addition to any investors portfolio.

Key attributes include:
Rare Large Corner Position Land Parcel of 2,535sqm* in Sydneys tightly held Lower North Shore
Tenanted by North Shore Ford, the second largest Ford retailer in Australia
Ultra-wide 83 metres* street frontage on Pacific Highway with high exposure
Net Passing Income of $797,810.62 plus GST per annum*
Secured long lease till 2026 plus 3 years option
600 metres* to Artarmon Train Station and Shops
1.1km* to Chatswood Train and Metro Station
Set to Benefit from the proposed Draft Chatswood CBD Strategy and Draft Local Centre Strategy 2036 proposals by Willoughby Council
Redevelopment potential echoing a potential reuse of Chatswood Metro Dive

For more information and access to the Due Diligence data room, please do not hesitate to contact the following exclusive agents.

CBRE
Danny Shi 0409 955 559
Tao Shi 0421 218 031

Property Highlights

Property ID2016305034
Date Sold31 Dec 2020
Floor Area2,535 m²
Land Area2,535 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  3 Mar 2021
Map for 555 Pacific Highway Artarmon NSW 2064
Map for 555 Pacific Highway Artarmon NSW 2064555 Pacific Highway Artarmon NSW 2064
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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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Property Highlights

Property ID2016305034
Date Sold31 Dec 2020
Floor Area2,535 m²
Land Area2,535 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  3 Mar 2021
CBRE North Sydney
Level 29, 177 Pacific Highway North Sydney NSW 2060

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