115 Pacific Highway, North Sydney, NSW 2060

115 Pacific Highway is an exceptionally rare opportunity to purchase a freehold asset located in the epicenter of North Sydney, leased to a fully licensed Bordello which has been in occupation of the premises for 15 years and provides a brand new 5-year lease + option. The approved and licensed business benefits from a central location on an island site made up of 4 buildings. The subject site benefits from a 75 RL meter height limit, directly opposite Greenwood Plaza, North Sydney station, and only meters from the to-be-completed North Sydney Metro Station.

TYPE: Freehold investment

TERM: 5 years + option

OCCUPANCY: 15 years + brand new 5-year lease

HEIGHT LIMIT: 75 RL meters

KEY FEATURES:

- 227sqm NLA

- 3-level Freehold

- Situated on an island site of 4 buildings

- Opposite Greenwood Plaza & only a moment's stroll from the North Sydney Metro station (est 2024 completion)

- Configured with multiple zones

- Ground floor entrance

- Parking station next door

Whilst North Sydney is currently undergoing a substantial transformation, the smaller freehold assets are becoming more elusive by the day, 115 Pacific Highway is an opportunity that will only become more difficult to secure.

OPEN FOR INSPECTION TIMES: WEDNESDAYS: 9 am - 9:30 am.

For any further information, to obtain the Information Memorandum, please contact Nick Moloney - 0477 545 111