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

Key facts

Year Built 1999
Land Area ()
Occupancy 50.0 %

Property 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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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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