Stanton Hillier Parker is pleased to present for sale via Private Treaty a prime investment opportunity featuring a portfolio of seven retail spaces in the award-winning development The Landmark, located in Sydney’s affluent Lower North Shore.
The portfolio is situated in the heart of St Leonards, just 300 meters* from the brand-new Crows Nest Metro Station and the busy St Leonards Train and Bus Interchange.
Positioned approximately 4.5 km from the Sydney CBD and 1.9 km from the North Sydney CBD, St Leonards is a vibrant, strategic center known for its diverse mix of residential, healthcare facilities, and creative office spaces. The area is being further enhanced by the St Leonards Crows Nest 2036 Plan and the Crows Nest Transport-Oriented Development (TOD) Program, with thousands of additional apartments currently in planning.
Key Investment Highlights:
- 7 retail spaces offering 2,346 sqm* of gross lettable area(GLA)
- 89%* leased with a WALE of 5.1 years by area and 4.4 years by income ^
- 14 dedicated car spaces
- High-quality asset built by tier-1 Hutchinson Builders
- Excellent exposure to Pacific Highway, with access via Nicolson Lane and direct lift access from Friedlander Place gardens
- Free parking in adjacent buildings and ample street parking
- Approximately 1,000 luxury apartments directly above the subject and adjoining buildings
- Within 300 m* of St Leonards Train Station and Crows Nest Metro Station
- Over 6,000 dwellings earmarked to be developed under the St Leonards Crows Nest 2036 and the TOD program
- Located in the largest medical and health precinct in Sydney’s North Shore
* Approximate
^ By estimated as of 26 September 2024
For more information or to arrange an inspection please contact the exclusive agents.