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47-53 Pacific Highway, Waitara, NSW, 2077
Waitara
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
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
