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859 Pacific Highway Pymble, NSW 2073

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859 Pacific Highway,
Pymble, NSW 2073

Offices • Shops & Retail • Showrooms & Large Format Retail

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SOLD SOLD SOLD | MULTI-LET INVESTMENT - 4 YEAR W.A.L.E - DEVELOPMENT POTENTIAL - ACTIVE GROWTH MARKET

  • 4 YEAR W.A.L.E. MULTI - LET
  • NEW 7 YEAR LEASE TO MAJOR OCCUPANT
  • WIDE 42M FRONTAGE TO PACIFIC HWY
859 Pacific Highway represents a superb opportunity to acquire multi- tenanted, multi-use property on a strategic and highly exposed site within an area undergoing significant change due to current and planned residential and commercial development.

Major Development Includes:
• Bunnings Warehouse located across the road (DA Submitted) on former 3M office campus
• Numerous medium-density residential apartment schemes in the immediate vicinity, increasing the local population.

The property is located between Bayer Pharmaceutical's Australian HQ and a Beaurepaires outlet.

With eight tenants including a new 7 year lease to the major occupant Pacific Motors (67% of income), this asset provides an investor with a diverse income stream from a blend of retail, office and workshop tenants as well as telecommunication income.

859 Pacific Highway offers a purchaser the ability to collect substantial income over the medium term with multiple future exit strategies.

Property ID: 501690157Last Updated: 29 Feb 2016

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859 Pacific Highway
Pymble, NSW 2073
CI Australia Pty Limited
Level 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
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