In a major commercial property deal, Costi Cohen has secured two premium assets on Sydney’s North Shore for a combined $14.85 million on behalf of Momentum Group, one of Anytime Fitness’ top-performing franchisees.

Situated along the high-traffic Pacific Highway in Lindfield and Killara, these acquisitions provide strong long-term value in a sought-after corridor known for its high visibility, established commercial presence, and future growth potential. With direct negotiations and strategic positioning, Costi Cohen leveraged its deep market connections to secure both properties under favourable terms, including an off-market purchase and a pre-auction deal well below the asking price.

692B-694 Pacific Highway, Killara – $8.75M Off-Market Acquisition

The larger of the two acquisitions, 692B-694 Pacific Highway, Killara, was secured off-market for $8.75 million. Spanning 1,092 sqm, this high-exposure mixed-use site boasts a 30m frontage to the Pacific Highway, drawing over 40,000 passing vehicles daily. The asset also includes 47 secure undercover basement car parks, enhancing its accessibility and appeal.

This deal marks the second time in three years that Costi Cohen has acquired this property. By leveraging an existing relationship with the vendor, a past client of Costi Cohen, the team successfully negotiated the sale once again. The property’s strategic location, surrounded by major retailers such as Bunnings, Woolworths, McDonald’s, and Gordon Centre, further cements its long-term investment potential. With easy access to Gordon and Killara train stations, the site remains a prime asset in Sydney’s growing commercial landscape.

330-332 Pacific Highway, Lindfield – $6.1M Pre-Auction Deal

Meanwhile, 330-332 Pacific Highway, Lindfield, was secured pre-auction for $6.1 million, making it the first time the property had been on the market in 23 years. Previously occupied by Commonwealth Bank, this two-storey freehold commercial building spans 462 sqm of building area on a 670 sqm landholding across two separate titles.

A key advantage of this acquisition is its location within a newly designated Transport-Oriented Development (TOD) Rezoning area, setting up the buyer for strong future growth potential. Through expert negotiation, Costi Cohen secured the property 20% below the vendor’s initial asking price, ensuring exceptional value in a highly competitive market.

Expanding Momentum Group’s Footprint on the North Shore

These acquisitions secure Momentum Group two well-positioned commercial assets in a key North Shore corridor, providing strong exposure and long-term value.

With one property acquired off-market and the other secured pre-auction at a reduced price, Costi Cohen successfully navigated a competitive market to achieve the best possible outcome. These transactions reflect a focused investment approach and position the buyer for future growth

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