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).
+ 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.com.au
14 Oct 2021 10:30AM
1435 m² (*approx)
Commercial, Office, Other, Office, Other
Commercial development Opportunity (STCA)
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