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CBRE - Sydney

39-47 Albany Street Crows Nest, NSW 2065


39-47 Albany Street,
Crows Nest, NSW 2065

Offices • Development Sites & Land • Other

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CBRE - Sydney
Jason Lowry
Toby Silk
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
CBRE - Sydney
39-47 Albany Street
Crows Nest, NSW 2065

Map of 39-47 Albany Street



  • NLA of 3,287sqm* + 43 car spaces
  • Significant 1,609sqm* land holding
  • Rental reversion & development upside
CBRE, as the exclusive sales agent, is pleased to present 39-47 Albany Street, Crows Nest. Located just metres from Crows Nest Village and a short walk to St Leonards Station and the future Metro, this three-storey freehold building offers over 3,200sqm of quality office space in one of the most rapidly growing commercial precincts in NSW. Well-positioned to capitalise on the transforming St Leonard/Crows Nest priority precinct, the property also affords significant rental reversion opportunities as well as potential development upside in the future (STCA)

39-47 Albany Street benefits from the following key attributes:

- Net income of $1,174,844 per annum*
- NLA of 3,287sqm* plus 43 car spaces
- Massive 1,609sqm* land area – one of the largest remaining land holdings in Crows Nest
- 100% leased with WALE (income) of over 3 years*
- Three-storey freehold office building with large floor plates over 1,000sqm
- Significant value-add opportunities through rental reversion or future development (STCA)
- Set to benefit from the rapid growth of the St Leonards/Crows Nest priority precinct
- Short walk to Crows Nest Village, St Leonards Station and future Crows Nest Metro Station
- 4-Star NABERS Energy rating

Interested parties are invited to submit their expressions of interest for the purchase of 39-47 Albany Street,
Crows Nest by Wednesday, 12 August 2020 at 4pm.


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

Property ID: 503603002Last Updated: 14 Oct 2020

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