354-356 Pennant Hills Road Pennant Hills NSW 2120

CBRE, as the exclusive sales agent is pleased to present to the market, Lots 1-7, 9-10 & 12-15, 354-356 Pennant Hills Road, Pennant Hills. Presented as an iconic retail arcade nestled along the highly coveted Pennant Hills Road, this exceptional investment opportunity provides 13 tenanted retail & office suites offering investors steady cashflow from day one, with rental reversion and value add opportunity.

354-356 Pennant Hills Road, Pennant Hills benefits from the following key attributes:

Iconic retail property located along highly sought-after Pennant Hills Road
13 retail & office suites currently over 90% leased, providing a steady cash flow
Generous 574sqm* strata-titled land with frontage along Pennant Hills Road and rear lane access
Potential for rental reversion and unlocking untapped potential due to prime location and high foot traffic
Possibilities for repositioning the asset, enhancing the structure, or exploring further development options (STCA)
Pennant Hills offers a charming suburban and tranquil atmosphere with lush greenery and picturesque surroundings
Excellent connectivity with easy access to the city centre and neighbouring suburbs through the Pennant Hills train station
Variety of amenities within the suburb, including boutique stores, supermarkets, and specialty shops
Majority stratum holding of 75.3% in Pennant Hills Arcade
Potential for future development with imminent changes to increase FSR and height limit

Lots 1-7, 9-10 & 12-15, 354-356 Pennant Hills Road, Pennant Hills will be offered for sale via Public Auction at AuctionWORKS on Tuesday the 9th of April, 2024 from 10:30am (AEDT)

For more information on the sale or for access to the due diligence room, please contact the exclusive sale agents

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