174 Pacific Hwy, St Leonards, NSW

174 Pacific Hwy, St Leonards, NSW

This property presented itself as a repositioning opportunity from the outset.  Planned works will primarily revolve around the replacement of the building’s façade and upgrades to the external landscaping.  This building comprises approximately 1,900 sqm of NLA and 52 car parking bays sitting on a site area of 1,041sqm.  This property was bought on a passing yield of circa 8% and a rate per sqm of NLA of $4,473 (including car parking). The building has significant rent reversion potential down the track and is under developed based on current FSR’s.  All floors have good district and harbour views.


  • Date: August 25, 2015