555 Pacific Highway, Artarmon, NSW 2064

Development/Land | Showrooms | Retail

For Sale Contact Agent

  • Property ID: 367473
  • Floor Area: 2535m²
  • Land Area: 2535m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
LOWER NORTH SHORE FREEHOLD - TRIPLE NET LEASE WITH SIGNIFICANT LAND HOLDING

CBRE as exclusive agents are pleased to offer 555 Pacific Highway, Artarmon to market for sale via Expressions of Interest closing on Thursday 16th July 2020 at 3pm (AEST).
This property represents a prime investment opportunity with significant land holding in Sydney’s tightly held Lower North Shore.
Tenanted by North Shore Ford, Australia’s second largest Ford retailer and part of the Peter Warren Automotive Group on a triple net lease, this property is a highly desirable addition to any investor’s portfolio.
Key attributes include:
• Rare Large Corner Position Land Parcel of 2,535sqm* in Sydney’s tightly held Lower North Shore
• Tenanted by North Shore Ford, the second largest Ford retailer in Australia
• Ultra-wide 83 metres* street frontage on Pacific Highway with high exposure
• Net Passing Income of $797,810.62 plus GST per annum*
• Secured long lease till 2026 plus 3 years option
• 600 metres* to Artarmon Train Station and Shops
• 1.1km* to Chatswood Train and Metro Station
• Set to Benefit from the proposed Draft Chatswood CBD Strategy and Draft Local Centre Strategy 2036 proposals by Willoughby Council
• Redevelopment potential echoing a potential reuse of Chatswood Metro Dive
For more information and access to the Due Diligence data room, please do not hesitate to contact the following exclusive agents.
CBRE
Danny Shi 0409 955 559
Tao Shi 0421 218 031

Artarmon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5486 $302 5.50%
Industrial $4862 $235 4.83%
Retail $8475 $526 6.21%
This is the average advertised price, rent and yield for Artarmon, NSW 2064*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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