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2-4 Clarke Street Crows Nest, NSW 2065

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2-4 Clarke Street Crows Nest, NSW 2065

Offices • Shop & Retail • Development Sites & Land
Sold Price

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Land area

556.0m²

Floor area

1088.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

17 May 2019

COMMERCIAL FREEHOLD BUILDING WITHIN PRIORITY PRECINCT

  • NLA: 1,028sqm*
  • Adjacent to the future Crows Nest Metro
  • Rental reversion & development upside
CBRE, as the exclusive sales agent, is pleased to present 2-4 Clarke Street, Crows Nest. This mixed use freehold building includes two retail shops, two storeys of office space and 16 undercover car spaces. Located adjacent to the future metro station development and metres from the popular Willoughby Road retail and dining strip, the property is guaranteed to capitalise on the future growth of the St Leonards and Crows Nest priority precinct as well as proposed increased planning controls.

2-4 Clarke Street, Crows Nest benefits from the following attributes:

- Mixed use asset with multiple income streams
- Adjacent to the future Crows Nest Metro Station Development
- NLA: 1,088sqm*
- Site area: 556sqm*
- Estimated fully leased net market income: $520,584 per annum*
- Significant rental reversion or development opportunity
- Proposed FSR of 4.5:1 & height limit of 8 storeys
- Located at the centre of the St Leonards & Crows Nest Priority Precinct
- Metres from Willoughby Road retail & dining strip

2-4 Clarke Street, Crows Nest is being sold via expressions of interest closing on Wednesday, 24 April 2019 at 4.00pm.

For further information, please contact the exclusive sales agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property ID: 503156762Last Updated: 19 May 2019

CBRE - Sydney
2-4 Clarke Street
Crows Nest, NSW 2065
Jason Lowry
Toby Silk
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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CBRE - Sydney

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CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
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Jason Lowry

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Jason Lowry
CBRE - Sydney
2-4 Clarke Street Crows Nest, NSW 2065

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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