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.
+ 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