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47-53 Pacific Highway, Waitara, NSW, 2077

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47-53 Pacific Highway, Waitara, NSW, 2077

47-53 Pacific Highway, Waitara, NSW, 2077

Properties / Sold / New South Wales / Waitara
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Other
Land Area
1,435 m² (*approx)
Selling Method
Auction: Contact Agent
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2. Property Highlights

PREMIUM SYDNEY INVESTMENT WITH UPSIDE
  • SECURE LONG TERM NET LEASE
  • PREMIUM NORTH SHORE LOCATION
  • FUTURE DEVELOPMENT POTENTIAL

Offered For Sale for the first time in 35 years, Colliers are pleased to present the prestigious Subaru Waitara retail freehold investment located at 47-53 Pacific Highway.

Prominently positioned in a tightly held and highly coveted Pacific Highway corridor location on Sydney’s affluent Upper North Shore, this rare offering is fully leased to one of the world’s largest automotive groups on a secure, long term lease, and offers genuine future development potential (STCA).

Key Highlights:
+ Strong covenant with global tenant Inchcape
+ Secure long term net lease
+ Fixed 3.75% annual rental increases
+ Multiple value-add propositions
+ Phenomenal natural light from north facing aspect
+ Excellent 37.8m Pacific Highway exposure
+ Regularly shaped parcel of land with rear lane access
+ Planning controls allow for Shop Top Housing development (STCA)
+ Within 250m of Waitara Train Station + Bus Stops.

For Sale via Online Auction
+ When: Thursday 14 October 2021 commencing 10:30am (AEDT)
+ Where: AuctionNow - auctionnow.com.au/properties/75911 

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Office, Other
Land Area
1,435 m² (*approx)
Selling method
Auction: Contact Agent

2. Property Highlights

PREMIUM SYDNEY INVESTMENT WITH UPSIDE
  • SECURE LONG TERM NET LEASE
  • PREMIUM NORTH SHORE LOCATION
  • FUTURE DEVELOPMENT POTENTIAL

Offered For Sale for the first time in 35 years, Colliers are pleased to present the prestigious Subaru Waitara retail freehold investment located at 47-53 Pacific Highway.

Prominently positioned in a tightly held and highly coveted Pacific Highway corridor location on Sydney’s affluent Upper North Shore, this rare offering is fully leased to one of the world’s largest automotive groups on a secure, long term lease, and offers genuine future development potential (STCA).

Key Highlights:
+ Strong covenant with global tenant Inchcape
+ Secure long term net lease
+ Fixed 3.75% annual rental increases
+ Multiple value-add propositions
+ Phenomenal natural light from north facing aspect
+ Excellent 37.8m Pacific Highway exposure
+ Regularly shaped parcel of land with rear lane access
+ Planning controls allow for Shop Top Housing development (STCA)
+ Within 250m of Waitara Train Station + Bus Stops.

For Sale via Online Auction
+ When: Thursday 14 October 2021 commencing 10:30am (AEDT)
+ Where: AuctionNow - auctionnow.com.au/properties/75911 

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Matthew Meynell
Matthew Meynell
+61 *** *** *** show +61 413 988 878
Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696

Download Development Site Report
Matthew Meynell
Matthew Meynell
+61 *** *** *** show +61 413 988 878
Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696

3. Property Location

47-53 Pacific Highway, Waitara, NSW, 2077

Property Map
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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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47-53 Pacific Highway, Waitara, NSW, 2077 Waitara
Colliers - Sydney CBD
Colliers - Sydney CBD
Level 30, Grosvenor Place, 225 George Street, Sydney, NSW, 2000
View Agency Profile
Matthew Meynell
Matthew Meynell
+61 *** *** *** show +61 413 988 878
Colliers - Sydney North
Colliers - Sydney North
Level 42, 100 Miller Street, North Sydney, NSW 2060
View Agency Profile
Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696