39-47 Albany Street,
Crows Nest, NSW 2065
Offices • Development Sites & Land • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
39-47 Albany Street
Crows Nest, NSW 2065
Map of 39-47 Albany Street
NEWLY REFURBISHED FREEHOLD OFFICE BUILDING
- 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.
*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.
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.
*Approximate
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
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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