480 Pacific Highway,
St Leonards, NSW 2065
Offices • Shops & Retail
Key property information
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Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt StreetSYDNEY, NSW 2000
480 Pacific Highway
St Leonards, NSW 2065
Map of 480 Pacific Highway
Bankable Virgin Active St Leonards Investment
Exclusive listing agents, Knight Frank, are delighted to present Virgin Active - St Leonards For Sale via Expressions of Interest.
This bankable investment offers a strong income from a globally renowned lifestyle tenant, underpinned by a sought after Lower North Shore location.
Key Investment Highlights:
- Global covenant in Virgin Active.
- New 10 year lease till 2029, with options till 2039.
- Gross Annual Income of $895,000.
- Fixed 3.25% rental increases, per annum.
- 1,100sqm* Net Lettable Area with 13 parking spaces.
- Immediate Access to Crows Nest Metro Station and St Leonards Transport Hub.
- Strong growth location, neighboring Royal North Shore and Marter Hospitals.
- Future subdivision potential (STCA).
For Sale by Expressions of Interest closing 4:00PM (AEST) Thursday 6 June 2019.
*All areas are of approximate value only and are subject to final survey.
This bankable investment offers a strong income from a globally renowned lifestyle tenant, underpinned by a sought after Lower North Shore location.
Key Investment Highlights:
- Global covenant in Virgin Active.
- New 10 year lease till 2029, with options till 2039.
- Gross Annual Income of $895,000.
- Fixed 3.25% rental increases, per annum.
- 1,100sqm* Net Lettable Area with 13 parking spaces.
- Immediate Access to Crows Nest Metro Station and St Leonards Transport Hub.
- Strong growth location, neighboring Royal North Shore and Marter Hospitals.
- Future subdivision potential (STCA).
For Sale by Expressions of Interest closing 4:00PM (AEST) Thursday 6 June 2019.
*All areas are of approximate value only and are subject to final survey.
St Leonards, 2065 demographic data
The median household income for St Leonards is $2,475, 19% higher than Greater Sydney's household income of $2,077. St Leonards has a younger age profile compared to the rest of Greater Sydney (median age 34 vs 37). Property ownership data shows 57% of property owners in St Leonards have a mortgage.
7,212
Population
$2,475 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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NORTH SYDNEY, NSW 2060
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270 - 272 Pacific Highway,Crows Nest, NSW 2065 3793 m²Offices • Shops & Retail • Development Sites & Land
