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PANORAMA BUSINESS PARK

706 Mowbray Road, LANE COVE NSW, 2066

For Sale

Property for Sale in 706 Mowbray Road, LANE COVE NSW, 2066

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060

Listing ID:
11353760
Status:
Active
For:
Sale
Price:
Please contact agent
Last Updated:
16/08/2019
Icon building

Property Type

Industrial/Warehouse/Other
Icon square

Land Area

N/A
Icon size

Floor Area

17598 SQM
Icon parking

Parking

324

PANORAMA BUSINESS PARK

CBRE is pleased to offer 706 Mowbray Road, Lane Cove, NSW for Sale via an Expressions of Interest Campaign.

The asset represents a unique opportunity to acquire a premium office/warehouse multi-unit estate of substantial scale. The property is situated in Lane Cove, an inner-city suburb in Sydney which has experienced significant population and economic growth. Surrounded by a strong residential catchment, the complex is strategically positioned to service the Inner, Northern and Eastern Sydney employment sector.

This location is also a genuine last mile logistics position that has seen significant land value growth over the past few years.

Key highlights:

+ Secure and diversified income stream with a 2.9 year wale
+ Passing income of $1,668,573 per annum net
+ Highly functional improvements of 17,040sqm
+ Substantial land holding of 1.75ha
+ Located in the tightly held precinct of Lane Cove
+ 11 kilometres North of the Sydney CBD
+ Instant scale in a sought-after Lower North Shore precinct
+ Multiple value-add strategies
+ Substantial car parking of 324 spaces
+ 20 kilometres North of Sydney Airport
+ Efficient connections to major arterial road networks
+ Limited future land supply in this inner northern precinct

For Sale via Expressions of Interest campaign closing Thursday 8th August 2019 at 4:00pm.

Please contact below agents for more information or to arrange an inspection:
Peter Mangraviti - 0413 750 350
Geoff Hunt - 0439 963 623
Jason Edge - 0410 687 866

For more details, please email agent

CBRE North Sydney

Suite 1401, Level 14 100 Pacific Highway, North Sydney, NSW 2060


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