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*
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