429 Pacific HighwayCrows Nest NSW 2065
Property Details for 429 Pacific Hwy, Crows Nest
Last Listing description (November 2023)
Colliers and CI Australia present "Willoughby House," a trophy freehold investment steeped in history. Prominently perched atop Crows Nest's highest point, this landmark five-storey building benefits from its defensive fully-leased income profile and secure long term covenants with prized CPI annual rental increases.
Next year's Crows Nest Metro Station opening, compounded with a multitude of new high-rise residential towers being developed, are set to perpetuate the future growth of the precinct in the years to come.
Key Highlights:
+ Income growth; prized CPI annual rental increases
+ Strong WALE of ~5.59 years (by income)
+ Recent extensive refurbishment with immaculate appointments
+ Functional office floorplate with side core functionality; easily subdivisible
+ Elevated site with amazing Sydney Harbour, CBD and metropolitan vistas
+ Unparalleled exposure; direct sight lines from a variety of aspects
+ Great natural light from three sides
+ Favourable underlying Mixed Use zoning
+ Ideal depreciation benefits
+ ~200m from Crows Nest Metro Station & ~50m from bus stops
+ Central positioning surrounded by an abundance of amenity
For Sale via Private Treaty.
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
Property History for 429 Pacific Hwy, Crows Nest, NSW 2065
- 31 May 2023Listed for Sale Please contact agent
- 13 Jan 2019Listed for Rent - Price not available
- 22 Feb 2018Sold
Recent sales nearby
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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 3.0% of total area. The population of Crows Nest in 2016 was 4798 people. By 2021 the population was 4974 showing a population growth of 3.7% 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 2021, 44.40% of the homes in Crows Nest were owner-occupied compared with 46.10% in 2016.
Crows Nest has 4,090 properties. Over the last 5 years, Houses in Crows Nest have seen a 25.15% increase in median value, while Units have seen a 21.11% increase. As at 31 December 2025:
- The median value for Houses in Crows Nest is $2,861,341 while the median value for Units is $1,152,912.
- Houses have a median rent of $995 while Units have a median rent of $750.
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