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39 HERBERT STREET
INDUSTRIAL

39 HERBERT STREET

39 Herbert St, St Leonards, NSW 2065

39 Herbert Street is a high-quality 3.7 hectare business park on Sydney's lower North Shore, located three kilometres from North Sydney CBD, six kilometres from the Sydney CBD, and in close proximity to St Leonards train station. It comprises two commercial buildings, 21 industrial/warehouse/office units as well as a childcare centre and a multi-storey carpark.

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Grade
PRIME
Ownership
100%
NLA
36,311 SQM

Summary information

Acquisition/Agreement Date Jan-15
Last External Valuation Date Dec-25
Valuation at 30-JUN-26 $245m
Valuer Directors Valuation
Capitalisation Rate 5.98%
Discount Rate 6.84%

Lease Expiry Profile % Income

Wale: 5.3 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Interactive 11,565 Nov-35
Entity Name NLA / GLA SQM Lease Expiry
Delta Electronics 1,592 Oct-26
39 Herbert

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.