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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
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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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