As the exclusive selling agent CI Australia is delighted to offer two rare North Sydney retail/ commercial opportunities For Sale by private treaty.
Completed in late 2018, the complex comprises a 24-storey mixed-use building consisting of retail/commercial space on ground, level 1 and 2 in addition to 228 luxury apartments.
Highly visible from all approaches, Polaris North Sydney is located on the corner of Pacific Highway and Berry Street within 550m of the North Sydney Railway Station. Due for completion in 2024, The Sydney Metro program is Australia's biggest public transport project and a game changer for North Sydney. The Victoria Cross Metro Station will be less than 200m from the
entrance of Polaris. Already surrounded by exceptional amenity and transport options, the Victoria Cross Metro will provide direct access to Barangaroo, Martin Place and Central within 3, 5 and 9 minutes respectively.
Exceptional amenity, proximity to skilled labour and excellent accessibility will continue to attract big businesses to the precinct including Channel 9, Microsoft, Coca Cola, NBN & Vodaphone. We have witnessed firsthand the flow on effect that large corporations can have in enhancing retail amenity and enticing smaller business into a precinct.
These two easy to configure shops would suit a variety of uses (STCA):
• food & beverage
• grocery/convenience
• medical
• office
• health & beauty
• boutique showroom.
The fundamentals of each offering are as follows:
Shop1:
• 679 sqm*
• Access to grease trap and exhaust extraction
• Wide floor to ceiling glass shopfront with double entry
• Ceiling height (4.2m approximately)
• Air conditioning system in place
• Car space and additional storage available if required
• Designated internal bathroom locations
• Excellent signage opportunities (subject to approvals)
• Timed parking directly in front and in neighbouring side streets
Shop 2:
• 219 sqm*
• Access to grease trap and exhaust extraction
• Wide floor to ceiling glass shopfront with double entry
• Ceiling height (4.2m approximately)
• Air conditioning system in place
• Car space and additional storage available if required
• Designated internal bathroom locations
• Excellent signage opportunities (subject to approvals)
• Timed parking directly in front and in neighbouring side streets
Suite 101:
• Ground floor retail / commercial offering
• 5 + 5 year lease to UBX
• 173 sqm of NLA
• 4% fixed increases
• Bank guarantee of the greater of $61,8470.50 or 6 months rent
• Outgoings: $14,721.24 + GST pa
• Net Income: $111,769 + GST pa
• Asking Price: $2,250,000
For more information contact Nick Lowry from CI Australia on 0408 891 376.
*per the strata plan
Remember to mention you found this property on CommercialReady
As the exclusive selling agent CI Australia is delighted to offer two rare North Sydney retail/ commercial opportunities For Sale by private treaty.
Completed in late 2018, the complex comprises a 24-storey mixed-use building consisting of retail/commercial space on ground, level 1 and 2 in addition to 228 luxury apartments.
Highly visible from all approaches, Polaris North Sydney is located on the corner of Pacific Highway and Berry Street within 550m of the North Sydney Railway Station. Due for completion in 2024, The Sydney Metro program is Australia's biggest public transport project and a game changer for North Sydney. The Victoria Cross Metro Station will be less than 200m from the
entrance of Polaris. Already surrounded by exceptional amenity and transport options, the Victoria Cross Metro will provide direct access to Barangaroo, Martin Place and Central within 3, 5 and 9 minutes respectively.
Exceptional amenity, proximity to skilled labour and excellent accessibility will continue to attract big businesses to the precinct including Channel 9, Microsoft, Coca Cola, NBN & Vodaphone. We have witnessed firsthand the flow on effect that large corporations can have in enhancing retail amenity and enticing smaller business into a precinct.
These two easy to configure shops would suit a variety of uses (STCA):
• food & beverage
• grocery/convenience
• medical
• office
• health & beauty
• boutique showroom.
The fundamentals of each offering are as follows:
Shop1:
• 679 sqm*
• Access to grease trap and exhaust extraction
• Wide floor to ceiling glass shopfront with double entry
• Ceiling height (4.2m approximately)
• Air conditioning system in place
• Car space and additional storage available if required
• Designated internal bathroom locations
• Excellent signage opportunities (subject to approvals)
• Timed parking directly in front and in neighbouring side streets
Shop 2:
• 219 sqm*
• Access to grease trap and exhaust extraction
• Wide floor to ceiling glass shopfront with double entry
• Ceiling height (4.2m approximately)
• Air conditioning system in place
• Car space and additional storage available if required
• Designated internal bathroom locations
• Excellent signage opportunities (subject to approvals)
• Timed parking directly in front and in neighbouring side streets
Suite 101:
• Ground floor retail / commercial offering
• 5 + 5 year lease to UBX
• 173 sqm of NLA
• 4% fixed increases
• Bank guarantee of the greater of $61,8470.50 or 6 months rent
• Outgoings: $14,721.24 + GST pa
• Net Income: $111,769 + GST pa
• Asking Price: $2,250,000
For more information contact Nick Lowry from CI Australia on 0408 891 376.
*per the strata plan
Remember to mention you found this property on CommercialReady
POLARIS, 150 Pacific Highway, NORTH SYDNEY, NSW, 2060