Colliers and CBRE are pleased to present 205 Pacific Highway, St Leonards for sale via expressions of interest closing Thursday 30 May 2024 at 3pm (AEST).
Key investment highlights:
- A landmark corner position next to the Royal Northshore Hospital in the heart of St Leonards' business district
- Engrained in an evolving locale just 500m to the new Crows Nest Metro station opening later this year and backed by Government initiatives prioritising growth
- St Leonards train and bus interchange are right at your doorstep plus an array of retail and lifestyle options nearby
- 1 of 5 office assets across Sydney North set above an existing train station
- 7,647 sqm total net lettable area with 106 car spaces
- A below replacement cost opportunity developed by a renowned Australian Property group and integrated into the iconic Forum complex
- Attractive base fundamentals including 3 sides of natural light with views across the leafy districts and out to Sydney Harbour plus a flexible floorplate with a side core
- Diversified income underpinned by quality industries and one of Australia's major health insurers
- Multiple value-add opportunities including refurbish and reposition, income growth prospects and positive reversion
- Exit through strata sell down or potential future adaptive re-use strategies (STCA)
- NABERS not required due to title
For further information or to arrange an inspection, please contact the Colliers and CBRE exclusive selling agents.
Note, all figures are approximate.