Mandarin Centre, Chatswood_Property for Sale

61-65 Albert Avenue, Chatswood, NSW, 2067, AU

Mandarin Centre, Chatswood

Asset description

Strategic Chatswood CBD Investment with Masterplan Approval for Mixed-Use Development

High-profile 3,519 sqm* Site
Chatswood CBD Location
Approval for Mixed-Use Development

JLL and Stonebridge Property Group are pleased to present for sale the Mandarin Centre – a trophy Chatswood CBD investment with Masterplan Approval for mixed use.

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Attributes

Building area Net

5,976 sm

Occupancy

100.00%

Year built

1995

Media

Investment highlights

High-profile 3,519 sqm* site with Masterplan Approval for a 27-storey mixed-use development
Prominent corner position within Chatswood’s highly coveted CBD
Unmatched connectivity, located 100m* from Chatswood Station (rail, metro and bus interchange) & 1.2 million people within a 20-minute drive^
Highly affluent population with average household income 34.9% above Sydney Metro average^
Existing 6-storey landmark retail offering anchored by Hoyts, TK Maxx, Strike Australia and 3 levels of basement parking provided (Wilson Parking)
Holding income of $6.4m p.a.** with significant income growth potential

The Mandarin Centre is For Sale by International Expressions of Interest closing Wednesday, 24th August 2022 at 2pm (AEST).

*Approximately

^Trade Area Report, Location IQ

**Fully leased (approx.), as at 1-Dec-22