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NORTHBRIDGE
115 Sailors Bay Road is a prime retail/commercial investment opportunity strategically located on Sydney ’s NorthShore . The building is immediately adjacent to NorthbridgeShopping Plaza and
on the main thoroughfare of Northbridge.
The building has attained award winning design - with roof glazing providing significant natural lighting and a spectacular ground floor lobby which extends to the full building height. The building boasts:
- extensive district views to the north and to the south
- sound tenancy mix including - Australia Post, Kwik Copy, Komatsu Australia and Blockbuster Video
115 Sailors Bay Road, Northbridge – a 2,082 sqm commercial and 427 sqm retail complex with a high car parking ratio with rear lane access. The property was acquired at a fully leased cap rate of 8.59% that equates to $4,252/sqm; $3,300/sqm adjusted for parking and mobile towers.
Multiple Exit Strategies:
- strata sale potential or
- conversion to highest and best use – retail/residential or
- simply maximising regular monthly tax effective distributions by letting up vacant space and expanding the net lettable area.
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