This article is from the Australian Property Journal archive
A PRIVATE investor has snapped up a row of three buildings at Killara in Sydney’s Upper North Shore for $3.75 million.
The 684 & 684a Pacific Highway Killara property sold was by JLL’s Michael Ajaka and Ari Danas. It is located opposite the Greengate Hotel, and in close proximity to Killara train station.
The 1,145 sqm property consists three buildings including two retail shops and a warehouse, as well as on-site parking. It is leased to two tenants, Poolwerx, Total Bathroom Centre on one-year terms.
The agents said the buyer was a private with a long-term view to develop possible residential units on site.
The site offered passive income with long-term development potential.
Australian Property Journal