Description

On behalf of Newpoint Advisory as Receivers and Managers of Planet Warriewood Pty Ltd (Receivers and Managers Appointed), JLL presents 4 Vuko Place, Warriewood, a seven-screen cinema complex on a large SP4 Enterprise zoned site. The property offers flexibility, being offered with vacant possession, or with a heads-of-agreement (HOA) to a major Australian cinema operator. Incoming purchasers can occupy, reposition, redevelop or invest (STCA).

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Attributes

Land area gross

90,568 sf

Zoning

SP4 Enterprise

Media

Investment Highlights

HOA to HOYTS

The property is offered with a head of agreement (HOA) to HOYTS for a 10-year term plus two 5-year options over the cinema space. There is potential to implement a value-add leasing strategy across the vacant ground floor commercial suites. Option to purchase vacant or with lease in place.

Dominant cinema catchment location

4 Vuko Place, Warriewood is the only cinema located between Avalon and Warringah Mall, servicing a strong catchment of potential attendees across Narrabeen, Warriewood, Ingleside, Elanora Heights and Mona Vale.

Flexible SP4 Enterprise zoning

Alternate uses available under the SP4 zoning include self-storage, early education and care, educational establishments, light industries, warehouse and distribution, industrial retail, neighbourhood shops, garden centres, recreation and takeaway food and drink premises.

Purpose-built complex ready to reposition

Seven cinemas, including an 650-seat*, two-level grand cinema. Plus a 380 sqm* foyer and ground floor commercial space and 178 car spaces. Total GLA of 4,185 sqm*, subject to survey.

Ground floor DA approved to September 2027

Plans approved for a drive-through fast food restaurant on the ground floor.

Pittwater Road exposure

8,414 sqm* of freehold land with 75 m* of frontage, between Narrabeen and Mona Vale. Access to the property via Vuko Place.

Scarce industrial land in Sydney's North precinct

JLL Research shows 0.0% industrial vacancy for four consecutive quarters to Q3 2026. With fewer than 35,000 sqm of prime stock, it's the tightest precinct nationally.

Expressions of interest close Thursday 3 December 2026, 4pm (AEDT)