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39 HERBERT STREET
INDUSTRIAL

39 Herbert St

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 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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Ownership
100% Mirvac
NLA
36,296 SQM

Summary information

Acquisition/Agreement Date Jan-15
Last External Valuation Date Dec-21
Valuation at 30-JUN-23 $278.2m
Valuer Directors Valuations
Capitalisation Rate 4.94%
Discount Rate 6.24%
Car Spaces 625

Lease Expiry Profile % Income

Wale: 4.6 YEARS

Major Tenants

Entity Name NLA / GLA SQM Lease Expiry
Interactive 12,897 Nov 30
Entity Name NLA / GLA SQM Lease Expiry
Arrow ECS 2,785 Jun 24
39 Herbert

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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.