47-53 Pacific Highway,
Waitara, NSW 2077
Shops & Retail • Showrooms & Large Format Retail
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Colliers - Sydney North
Level 42, 100 Miller StreetNORTH SYDNEY, NSW 2060
04056936...
47-53 Pacific Highway
Waitara, NSW 2077
Map of 47-53 Pacific Highway
PREMIUM SYDNEY INVESTMENT WITH UPSIDE
- SECURE LONG TERM NET LEASE
- PREMIUM NORTH SHORE LOCATION
- FUTURE DEVELOPMENT POTENTIAL
Offered For Sale for the first time in 35 years, Colliers are pleased to present the prestigious Subaru Waitara retail freehold investment located at 47-53 Pacific Highway.
Prominently positioned in a tightly held and highly coveted Pacific Highway corridor location on Sydney’s affluent Upper North Shore, this rare offering is fully leased to one of the world’s largest automotive groups on a secure long term lease, and offers genuine future development potential (STCA).
Key Highlights:
+ Strong covenant with global tenant Inchcape
+ Secure 5+5 year net lease
+ Fixed 3.75% annual rental increases
+ Multiple value-add propositions
+ Phenomenal natural light from north facing aspect
+ Excellent 37.8m Pacific Highway exposure
+ Regularly shaped parcel of land with rear lane access
+ Planning controls allow for Shop Top Housing development (STCA)
+ Within 250m of Waitara Train Station + Bus Stops.
For Sale via Online Auction:
+ When: Thursday 14 October 2021 commencing 10:30am (AEDT).
+ Where: AuctionNow - auctionnow.com.au/properties/75911.
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Prominently positioned in a tightly held and highly coveted Pacific Highway corridor location on Sydney’s affluent Upper North Shore, this rare offering is fully leased to one of the world’s largest automotive groups on a secure long term lease, and offers genuine future development potential (STCA).
Key Highlights:
+ Strong covenant with global tenant Inchcape
+ Secure 5+5 year net lease
+ Fixed 3.75% annual rental increases
+ Multiple value-add propositions
+ Phenomenal natural light from north facing aspect
+ Excellent 37.8m Pacific Highway exposure
+ Regularly shaped parcel of land with rear lane access
+ Planning controls allow for Shop Top Housing development (STCA)
+ Within 250m of Waitara Train Station + Bus Stops.
For Sale via Online Auction:
+ When: Thursday 14 October 2021 commencing 10:30am (AEDT).
+ Where: AuctionNow - auctionnow.com.au/properties/75911.
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
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Property ID: 503912406Last Updated: 17 Dec 2021
Colliers - Sydney NorthLevel 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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