SOLD
Sold on 20 Mar 2024 for $17,615,400

382 Pacific Highway
Crows Nest NSW 2065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 972m2
Land area: 411m2
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Property Details for 382 Pacific Hwy, Crows Nest

Building Type
Commercial
Floor Size
972m2
Land Size
411m2
Local Government
North Sydney
Lot/Plan
5/32/DP4320

Last Listing description (May 2019)

Home to the Sofabed Gallery for 15 Years, this magnificent Pacific Highway Retail / Commercial space is a must-see for any Tenant looking to accelerate the growth of their business.

Polished concrete floors set ceilings and luxurious presentation over two interconnected floors totalling 606sqm of prime space.

Immense Pacific Highway exposure with prominent iconic street frontage plus 1st level window signage.
5 minutes walk from St Leonards station & near the thriving retail of Willoughby Rd with excellent parking.
Established presence in the centre of the retail showroom precinct.
303sqm basement parking & storage included in the rent: 7-10 car spaces plus storage, giving 909sqm of total exclusive space.
Amenities include Male & Female bathrooms, a disabled
bathroom, two tea rooms, & an office.
Versatile space suitable for: retail, showrooms/bulky goods, a fantastic creative office for up to 60 staff, gyms/fitness operators & more.
Negotiable lease terms with short-term leases considered & excellent value on offer.

Contact Dan on 0487 887 331 for more information.

Property History for 382 Pacific Hwy, Crows Nest, NSW 2065

A timeline of how this property has performed in the market
Last Sold
$17,615,400
20 Mar 2024
Listed for Rent
$63k/w
06 Apr 2019
  • 20 Mar 2024
    Sold for $17,615,400
  • 22 Aug 2018
    Listed for Rent - Price not available
  • 15 Oct 2014
    Listed for Sale Indicative return 7.75%
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About Crows Nest 2065

The size of Crows Nest is approximately 0.8 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Crows Nest in 2011 was 4,048 people. By 2016 the population was 4,814 showing a population growth of 18.9% in the area during that time. The predominant age group in Crows Nest is 30-39 years. Households in Crows Nest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Crows Nest work in a professional occupation. In 2011, 50.9% of the homes in Crows Nest were owner-occupied compared with 46.1% in 2016.

Crows Nest has 4,124 properties. Over the last 5 years, Houses in Crows Nest have seen a 45.77% increase in median value, while Units have seen a 34.41% increase. As at 31 July 2024:

  • The median value for Houses in Crows Nest is $2,791,318 while the median value for Units is $1,167,483.
  • Houses have a median rent of $1,050 while Units have a median rent of $650.
There are currently 12 properties listed for sale, and 18 properties listed for rent in Crows nest on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Crows nest.

Suburb Insights for Crows Nest 2065

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.