• For Sale
  • Office
North Sydney's Most Iconic Development Site
North Sydney's Most Iconic Development Site
North Sydney's Most Iconic Development Site
North Sydney's Most Iconic Development Site
North Sydney's Most Iconic Development Site
North Sydney's Most Iconic Development Site

For Sale

Expressions of Interest 25th Nov 2020 closing Wednesday, 25 November 2020 at 4pm (AEDT)
Colliers International is please to exclusively present for sale North Sydney’s most iconic development site - 41 McLaren Street, North Sydney.

41 McLaren Street, North Sydney provides the opportunity to acquire a 7-storey office tower strategically positioned for substantial value add through refurbishment or redevelopment.

The property’s key features include:

- 100% freehold interest
- Commanding a prominent location, opposite Victoria Cross Metro Station’s northern entrance that will provide for a 5 minute commute to Martin Place upon completion
- 2.7 year WALE
- Strategically positioned for redevelopment with holding income and 6-month demolition clauses
- Opportunity for significant rental reversion due to below market average passing rents
- Benefits from views of Sydney Harbour and fours sides of natural light
- Expansive Practical floor plates of up to circa 1,500m²*
- Rare expansive balcony areas
- High car parking ratio of (1:85m² NLA)
- Central lift core providing for easily sub-dividable floor plates
- 4 Stars NABERS Rating

For Sale via Expressions of interest closing Wednesday, 25 November 2020 at 4pm (AEDT).

*Approximately

Features

12a_TotalArea_M_A
Total Area - M
2,359m²*
3_Car_parking
Car Parking
91 (1:85m² NLA)
46_ZonedB5
Zoning
B4 - Mixed Use
7_NABERS
NABERS
4

Property Details