Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 1999
Land Area ()
Occupancy 50.0 %

Asset Description

313 Pacific Highway, North Sydney presents an extremely rare opportunity to acquire North Sydney’s only DA approved co-living development site.  


Positioned moments from the North Sydney CBD, the site is set to capitalise on the abundance of economic and tenant demand drivers in the immediate location​.


For Sale via Expressions of Interest closing Tuesday 10th May 2022, at 3pm.

Investment Highlights

  • Rare DA approval for 31 studio apartments, ground floor commercial/retail premises and common facilities
  • Highly appealing architecture with the occupier at the forefront of design
  • Construction efficiencies with a partial basement with no parking requirement
  • 750m* to North Sydney’s thriving CBD & 550m* to the new Victoria Cross Metro Rail Station entrance
  • Leverage occupier demand from the nearby health and education sectors including the Australian Catholic University's largest campus and the Lower North Shore’s renowned Mater Hospital 
  • On completion JLL forecast a conservative annual net income of $927,650* 
Last Updated Date: 13 Apr 2022

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Last Updated Date: 13 Apr 2022

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