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Knight Frank - North Sydney
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480 Pacific Highway St Leonards, NSW 2065

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For Sale - Expression of Interest

480 Pacific Highway St Leonards, NSW 2065

Offices • Shop & Retail
Sale Price

Expressions of Interest

Floor area

1100.0m²

Property extent

Partial

Tenure type

Vacant Possession

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.

Property ID: 503187682Last Updated: 12 Jun 2019

Knight Frank - North Sydney
480 Pacific Highway
St Leonards, NSW 2065
Arland Domingo
Anthony Pirrottina

Knight Frank - North Sydney

Level 11, 100 Pacific Highway
NORTH SYDNEY, NSW 2060

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Knight Frank - North Sydney

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Knight Frank - North Sydney

Level 11, 100 Pacific Highway
NORTH SYDNEY, NSW 2060
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Arland Domingo

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Arland Domingo
Knight Frank - North Sydney
480 Pacific Highway St Leonards, NSW 2065

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

Kind Regards,

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