05.05.2025 Views

Sales Magazine 708 150 Pacific Hwy, North Sydney

Transform your PDFs into Flipbooks and boost your revenue!

Leverage SEO-optimized Flipbooks, powerful backlinks, and multimedia content to professionally showcase your products and significantly increase your reach.

708/150 Pacific Highway, North Sydney

1 1

For Sale

Asking Price: $795,000

A Property Magazine Published by Tower & London


One bedroom Apartment + Study + Winter garden

The location of Polaris is the most convenient in North Sydney, just a few meters from the new Metro, 5 minutes'

walk to the old railway station and numerous bus lines at the front of the building. The property is in good condition

offered with designer furniture and an a tenancy agreement until April 2026 for $875 per week; showing an excellent

return on investment.

The Polaris has become one of North Sydney's iconic buildings, designed by architects Allen Jack+Cottier, it is in a

class of its own. Apartment 708 is situated on the quiet side of the building facing Berry Street. The perfect

rectangular floor plan that will accommodate ample furniture. A large bedroom with built-ins opening onto the winter

garden and another room also with built-ins at the entry, ideal for a study, separate dining or guest room. The living

room is commodious, also opening onto the winter garden, and a beautiful kitchen with an island bench at the entry.



708/150 Pacific Hwy, North Sydney

Investors note:

The property is current leased out furnished at $875 per week: at the asking price this represents

approximately 5.3% gross yield and a net yield (less statutory outgoings) of approximately 4.55%. Factor

in depreciation allowance and this becomes a very attractive investment in a prime North Sydney location.

Property Features:

• Reverse cycle air conditioning.

• Stone benchtops.

• Open winter garden.

• Mirrored cabinets in the bathroom.

• Full wardrobes and cabinets in the bedroom.

• Multiple fast passenger lifts.

• Stunning sky lounge with bar area and magic views.

• Concierge service.

Outgoings:

• Strata Levies:

• Council Rates:

• Water Rates:

• Total outgoings:

$1,157.47/qtr.

$318.00/qtr.

$213.22/qtr,

$1,688.69/qtr.

Area (these are approximate sizes only):

• Apartment + Balcony: 57 sqm

Title Details:

• Lot 50 SP96878

• Unit Entitlements: 305, Aggregate: 100,000

• 228 Apartments in the building.


150 Pacific Highway, North Sydney

The Polaris

Polaris has a geometric design, in the heart of the North Sydney centre. Polaris looks absolutely spectacular due to its

defining feature being a triangular-shaped roof which can be fully admired at the top floor of the building.

The tower looks equally astonishing when looking at it from the outside, as its roof feature really stands out of the crowd and

could be a defining building on the North Sydney skyline for years to come.

All apartments have access to the landscaped communal winter garden on the roof, and a sheltered outdoor barbecue area.

Internal amenities include 284 bicycle spaces and concierge service.

The Polaris is the most sought after building in North Sydney in this category; and although an average rate per square

metre of a typical apartment is slightly higher than the average property in the area in the category, it is much lower than the

brand-new properties. It has the quality, attractiveness, and reputation without a hefty price.

Strata Management – Westside Strata Management

Direct Line: 02 9797 9933

Email: mstrata@westside.net.au

Building Management – Pacific Building Management Group

Building Manager: Ferris Hamond

Mobile: 0481 149 562

Email: polaris@pacificbmg.com.au


Victoria Cross Station

The new Sydney Metro Victoria Cross Station connects North Sydney like never before. Just 3 minutes to

Barangaroo, 5 minutes to Martin Place, 15 minutes to Macquarie Park and 5 minutes to Chatswood.

Located right above the new Victoria Cross Station, you'll find stage one of the retail concourse and laneway

opened in August 2024 with 15 new food and beverage spots from some of North Sydney's best.

With Stage 2 scheduled to open in 2025, it is set to bring dynamic workspace for movers and

shakers, re-imagined public space and 7 more F&B venues.


Elements of North Sydney

St Leonards Park

St Leonards Park in North Sydney is a historic 15-

hectare park known for its open green spaces, mature

trees, and sports facilities.

Northside Produce Market.

Fresh produce and delicious food served by the grower . In its

relaxed park setting, this is one of Sydney’s favourite produce

markets operating since 1999 in the Ted Mack Civic Park.

Wendy’s Secret Garden

Wendy's Secret garden hides amongst the Lavender

Bay Parklands, providing locals with lovely

views of the harbour.

North Sydney Girls High School

North Sydney Girls High School is a highly regarded

selective public school for girls, known for its academic

excellence and strong extracurricular programs.


John Tower

0408 216 979

Licenced Real Estate Agent

Registered Property Valuer

Tower & London

138 Walker Street

North Sydney NSW 2060

Ph: 02 8904 1318

Tower & London Pty Ltd

TowerLondon_RealEstate

Tower & London

www.towerlondon.com

Nicole Zheng

0438 077 451

Licenced Real Estate Agent

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!