480 Pacific Highway,
St Leonards, NSW 2065
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Knight Frank - North Sydney
Level 33/100 Mount StreetNORTH SYDNEY, NSW 2060
480 Pacific Highway
St Leonards, NSW 2065
Map of 480 Pacific Highway
Bankable Virgin Active St Leonards Investment
Exclusive listing agents, Knight Frank, are delighted to present Virgin Active - St Leonards For Sale via Expressions of Interest.
This bankable investment offers a strong income from a globally renowned lifestyle tenant, underpinned by a sought after Lower North Shore location.
Key Investment Highlights:
- Global covenant in Virgin Active.
- New 10 year lease till 2029, with options till 2039.
- Gross Annual Income of $895,000.
- Fixed 3.25% rental increases, per annum.
- 1,100sqm* Net Lettable Area with 13 parking spaces.
- Immediate Access to Crows Nest Metro Station and St Leonards Transport Hub.
- Strong growth location, neighboring Royal North Shore and Marter Hospitals.
- Future subdivision potential (STCA).
For Sale by Expressions of Interest closing 4:00PM (AEST) Thursday 6 June 2019.
*All areas are of approximate value only and are subject to final survey.
This bankable investment offers a strong income from a globally renowned lifestyle tenant, underpinned by a sought after Lower North Shore location.
Key Investment Highlights:
- Global covenant in Virgin Active.
- New 10 year lease till 2029, with options till 2039.
- Gross Annual Income of $895,000.
- Fixed 3.25% rental increases, per annum.
- 1,100sqm* Net Lettable Area with 13 parking spaces.
- Immediate Access to Crows Nest Metro Station and St Leonards Transport Hub.
- Strong growth location, neighboring Royal North Shore and Marter Hospitals.
- Future subdivision potential (STCA).
For Sale by Expressions of Interest closing 4:00PM (AEST) Thursday 6 June 2019.
*All areas are of approximate value only and are subject to final survey.
Property ID: 503187682Last Updated: 18 Jun 2021
Knight Frank - North SydneyLevel 33/100 Mount Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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