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110-112 Christie Street St Leonards, NSW 2065

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110-112 Christie Street,
St Leonards, NSW 2065

Offices • Development Sites & Land • Other

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TROPHY FREEHOLD OFFICE INVESTMENT

  • Multinational tenant, Fremantle
  • Net passing income: $1,076,754 pa*
  • 7 year lease expiring 2024
CBRE and PropertyFox are pleased to present 110-112 Christie Street, St Leonards to the market. This outstanding freehold office building boasts three storeys of commercial space plus parking for 38 cars and is currently fully leased to Australia’s market leader in the television and digital media industry, Fremantle. Situated adjacent to the existing St Leonards Station and a short walk to the future Crows Nest Metro, the property is set to capitalise on the rapidly growing priority precinct; positioning it as a premium office investment with future development potential.

110-112 Christie Street benefits from the following key attributes:
• Leased to multinational company, Fremantle, who have tenanted the property for over 20 years
• Net passing income: $1,076,754 per annum*
• Seven year lease expiring 2024
• Three storey freehold office building with 1,608sqm* of NLA
• 38 car spaces
• Generous breakout areas – 3 outdoor balconies plus a 195sqm* decked rooftop entertainment area
• Substantial depreciation benefits due to capital works in 2007 and 2018
• Additional FSR and height limit controls proposed in the St Leonards & Crows Nest 2036 Draft Plan
• Located within the rapidly growing St Leonards and Crows Nest Station priority precinct
• Situated adjacent to St Leonards Station and a short walk from the future Crows Nest Metro Station
• 1.5-Star NABERS Energy rating

Interested parties are invited to submit their expressions of interest for the acquisition of 110-112 Christie Street, St Leonards by Wednesday, 27 February 2019 at 4:00pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

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

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St Leonards, 2065 demographic data

The median household income for St Leonards is $2,475, 19% higher than Greater Sydney's household income of $2,077. St Leonards has a younger age profile compared to the rest of Greater Sydney (median age 34 vs 37). Property ownership data shows 57% of property owners in St Leonards have a mortgage.

7,212
Population
$2,475 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
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110-112 Christie Street
St Leonards, NSW 2065
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
PropertyFox - Parramatta / North Sydney / Sydney
Suite 8.03, Level 8, 14 Martin Place
SYDNEY, NSW 2000

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