378 Pacific Highway,
Crows Nest, NSW 2065

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Map of 378 Pacific Highway

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High Exposure Freehold Building

Perfectly positioned in the heart of Sydney's tightly held Lower North Shore suburb of Crows Nest, only 4km from the CBD. It presents an exciting opportunity with endless potential. This is the ideal property for an investor, developer or owner occupier looking to secure a high exposure freehold building with two street frontages and development potential. It consists of 156sqm of retail space on the ground floor and two levels of commercial space with an area of 2690sqm and 156sqm. The building also boasts lower ground car parking for up to eight cars with roller shutter door access.

- Combined building area of 660sqm (approx.) with a land area of 357sqm (approx.)
- Ground floor retail (156sqm). Currently vacant estimated income of $78,000pa plus GST
- First floor (140sqm) currently leased to Vision Fitness income $61,635pa plus GST
- Second floor comprises of two tenancies with a combined income of $49,335pa plus GST
- Lower ground car park for up to eight cars, roller door entrance from the side street with internal access to the upper levels
- Development potential to add further levels (STCA)
- Walk to St Leonards train station, public transport, Royal North Shore Hospital and approximately 4km to Sydney CBD

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

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