419 Pacific Highway,
Crows Nest, NSW 2065
Shops & Retail • Showrooms & Large Format Retail
Key property information
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Map of 419 Pacific Highway
Lower North Shore Freehold Investment. New 10 Year Lease Plus Option to 2035.
New 10 year lease from April 2015 plus option till 2035.
Leased to Los Vida, a successful authentic Mexican restaurant chain with venues at Barangaroo, both the Westfield Pitt Street and Wintergarden centres in the Sydney CBD and expanding nationally.
Experienced tenant, previously director of Ruby L'otel and Sumo Salad.
Substantial 300sqm freehold building and restaurant with 200 seats.
Outstanding tenant fit out worth circa $800k.
Extremely successful and busy restaurant and bar.
Huge exposure to Pacific Highway and close to the new Woolworths shopping centre with over 300 car spaces, and the Crows Nest Hotel, which is undergoing a major refurbishment.
Possible future development upside (STCA).
Net lease with tenant paying all outgoings, as per lease.
Net Income: $192,000 pa + GST.
Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney
Leased to Los Vida, a successful authentic Mexican restaurant chain with venues at Barangaroo, both the Westfield Pitt Street and Wintergarden centres in the Sydney CBD and expanding nationally.
Experienced tenant, previously director of Ruby L'otel and Sumo Salad.
Substantial 300sqm freehold building and restaurant with 200 seats.
Outstanding tenant fit out worth circa $800k.
Extremely successful and busy restaurant and bar.
Huge exposure to Pacific Highway and close to the new Woolworths shopping centre with over 300 car spaces, and the Crows Nest Hotel, which is undergoing a major refurbishment.
Possible future development upside (STCA).
Net lease with tenant paying all outgoings, as per lease.
Net Income: $192,000 pa + GST.
Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney
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
Renters
Most residents
Families
Most households
04174180...
419 Pacific Highway
Crows Nest, NSW 2065
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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