198 Pacific Highway,
Crows Nest, NSW 2065

Medical & Consulting • Shops & Retail

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Prime Exposure, Blue-Chip Tenant & Huge Upside!

Leased to Mater Hospital
Recent Major Refurbishment
Substantial Rental Growth

Ideally located in a high profile corner position with a huge amount of passing traffic, this freestanding retail/office building has recently undergone a major refurbishment and fit out for medical use by the sitting tenants St Vincents & Mater Health Limited. With ground floor and first floor space shared between Pathology and specialists, 198 Pacific Highway allows Pacific Highway exposure for the Mater’s North Sydney campus located on Rocklands Road.

Lease Term: 5 years expiring 22/04/16 + 2 year Option
Current Net Rental: $65,263.00 p.a. + GST (Up To 5% Net Return)
Market Net Rental*: $117,755.00 p.a. + GST (Up To 9% Net Return*)

*Market Rental based on comparable retail & offices currently on market

For sale by negotiation pre auction

Price Guide: Over $1,300,000

Crows Nest, 2065 demographic data

The median household income for Crows Nest is $2,614, 26% higher than Greater Sydney's household income of $2,077. Crows Nest has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 54% of property owners in Crows Nest have a mortgage.

4,974

Population

$2,614 per week

Median household income

36 years

Median age

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Most residents

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