Chatswood Toyota, 698-728 Pacific Highway, Chatswood, NSW 2067

Stanton Hillier Parker and CBRE are proud to present for sale, 698- 728 Pacific Highway, Chatswood. Known as ‘Chatswood Toyota’, this landmark real estate investment offers annuity-style income from Australia’s number one Toyota dealership, with significant underlying land value due to its residential development potential.

Investment Highlights:

• High Profile Automotive Dealership
• Site area: 5,806 sqm*
• Securely leased to Servco - Australia’s #1 Toyota dealership
• Long-term lease to March 2033 with 6 x 5-year options
• Passing Net Rent: $1,740,519 p.a.
• Zoned ‘E3 Productivity Support’ with permission for shop-top housing (s.t.c.a.)
• Annuity-style Investment with Residential Development Upside
• A once-in-a-generation opportunity

Occupying a prime 5,806 sqm* corner site in the lucrative and tightly-held Chatswood Automotive Prime Market Area (PMA), the site offers unparalleled visibility and accessibility. It is regarded as one of the best automotive dealership locations in Australia, having operated as a Toyota dealership since 1985.

Leased to Servco Chatswood Pty Ltd and guaranteed by the largest Toyota dealership in Australia, the investment offers long-term secure income to March 2033 (8.25-year WALE) plus six further options of five years.

The property is presently zoned to allow ‘shop top housing’ and is advantageously positioned approximately 300 metres to the Chatswood Transport Interchange, underpinning the site’s importance as a future residential development site to capitalise on Sydney’s strong population growth trajectory.

‘Chatswood Toyota’ - 698-728 Pacific Highway, Chatswood represents the most exciting North Shore investment opportunity in recent years, offering unparalleled potential for investors and land bank developers alike.

The property is For Sale via Expressions of Interest (EOI), closing 4:00pm (AEDT) Wednesday 27 November 2024.

For more information, please contact the exclusive selling agents.

*approx.