114 & 120 Old Pittwater Road,
Brookvale, NSW 2100
Warehouse, Factory & Industrial • Development Sites & Land
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Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy StreetPARRAMATTA, NSW 2150
114 & 120 Old Pittwater Road
Brookvale, NSW 2100
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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
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
Property ID: 504275676Last Updated: 29 Sep 2023
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
CBRE - Western SydneyLevel 4 10-14 Smith Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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