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114 & 120 Old Pittwater Road
Brookvale NSW 2100
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Sold on 4 Jul 2023

114 & 120 Old Pittwater Road Brookvale NSW 2100

  • Factory, Warehouse & Industrial
  • 29,607 m²
  • Sold

LAST MILE INDUSTRIAL BUSINESS PARK

  • Infill industrial business park
  • Value-add opportunities plus upside
  • Irreplaceable Northern Sydney location

CBRE and Colliers are pleased to offer 114-120 Old Pittwater Road, Brookvale, for sale via Expressions of Interest closing Wednesday 5th April 2023 at 12pm AEDT.

Property highlights include:

+ Secure net passing income of $3,268,406 per annum
+ Two commanding infill land holdings totalling 41,870sqm
+ Assessed net market income of $7,879,121 per annum with significant upcoming rental reversion
+ Versatile improvements totalling of 29,607sqm
+ Diversified income profile signifying a steady cash flow and strong running yield
+ Short WALE of 1.9 years (by income as of 1st March 2023) providing immediate and future value add opportunities
+ Limited availability of land within the Northern Beaches commercial precinct
+ Highly sought-after Northern Beaches location, enhanced by an affluent surrounding population, and immediate access to transport linkages

CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold4 Jul 2023
Floor Area29,607 m²
Land Area4.19 ha
ParkingOn site parking available
Property ID2018409975
Category
 Factory, Warehouse & Industrial
 Development / Land
Last updated  29 Sep 2023
Map for 114 & 120 Old Pittwater Road Brookvale NSW 2100

Nearest transport* to 114 & 120 Old Pittwater Road Brookvale NSW 2100

Bus
Train
Tram
Ferry
Allambie Rd At Kirra Rd508 m
Allambie Rd At Monserra Rd537 m
Allambie Rd After Roosevelt Av562 m
Allambie Rd At Corkery Cres563 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
 *Within a 4km radius
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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
CBRE Western Sydney
CBRE Western Sydney
Level 4/10-14 Smith St
Parramatta, NSW 2150

Property Highlights

Date Sold4 Jul 2023
Floor Area29,607 m²
Land Area4.19 ha
ParkingOn site parking available
Property ID2018409975
Category
 Factory, Warehouse & Industrial
 Development / Land
Last updated  29 Sep 2023

Co-Agents

Jason Edge
Jason Edge
CBRE Western Sydney
Call
0410 687 866
Gavin Bishop
Gavin Bishop
Colliers International Sydney West
Call
+61 401 146 051
Sean Thomson
Sean Thomson
Colliers International Sydney West
Call
0418 943 452

Enquire about this property

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            More about 114 & 120 Old Pittwater Road Brookvale NSW 2100

            114 & 120 Old Pittwater Road Brookvale NSW 2100 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 29,607 m² and a land area of 4.19 ha. The listing ID for this property is 2018409975.

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