Investors offered entire St Leonards retail precinct for sale

The entire retail precinct within the St Leonards Square development is up for grabs, giving commercial buyers the opportunity to purchase the 2,383 sqm area.

Comprising 10 ground floor retail tenancies and including a supermarket and services, the St Leonards Square neighbourhood retail precinct has direct access to the Pacific Highway.The entire St Leonards Square retail precinct is up for sale., the site also includes a secure underground car park from Nicholson St, which has retail visitor parking for 95 vehicles.

The precinct brings in approximately $1.5m via a fully leased net income, and is also 150 metres away from the soon-to-be-opened Crows Nest Metro station. The site has been listed via Colliers’ James Wilson and Tom Appleby alongside IB Property’s Steffan Ippolito and developer Mirvac, with the Expression of Interest campaign to end on the 22nd March.Mirvac’s head of residential development Stuart Penklis said the St Leonards Square development had contributed towards the overall rejuvenation of the suburb.

“Mirvac completed St Leonards Square in 2019, delivering luxury residential apartments across two striking towers with iconic views of the Sydney CBD and Sydney Harbour and exclusive residential amenities.”

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