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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 • Shops & Retail • Development Sites & Land

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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: 4 Jul 2019

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2-4 Clarke Street
Crows Nest, NSW 2065

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