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Address available on request North Narrabeen, NSW 2101

Address available on request,
North Narrabeen, NSW 2101

Shops & Retail • Showrooms & Large Format Retail

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EXCITING GROUND FLOOR RETAIL INVESTMENT OPPORTUNITY

  • 5 YEAR LEASE TO 2022 + OPTIONS TO 2032
  • FIXED ANNUAL INCREASES
  • CONSTRUCTED 2017
Superbly located on the corner of Pittwater Rd and Walsh St, within the Northern Beaches fastest growing suburb. The property is only moments away from Warriewood Square Shopping Centre and Mona Vale commercial precinct.

Newly constructed ground floor strata retail / showroom situated within the “One Walsh” mixed use apartment complex.
The building is located on the corner of Pittwater Road and Walsh Street, North Narrabeen, situated within a niche commercial precinct and walking distance to the Warriewood’s B-Line bus interchange, with regular express services to the city, Dee why, Warringah Mall and other Northern Beaches commercial and residential hubs

Trading from the property on a long-term lease is the stylish covenant “The Wood Room” a hand crafted bespoke furniture showroom.

Features:
• 5 + 5 + 5 (commenced 1st December 2017)
• Fixed annual increases
• Newly constructed building (2017)
• Excellent depreciation
• Strata area 197sqm + six under cover car spaces
• B1 – Neighbourhood zoning
• Quality tenant with an outstanding local and Sydney-wide reputation
• Superbly convenient location, walking distance to Warriewood Square Shopping Centre and B-Line bus interchange.
• Only minutes’ drive to Mona Vale and Collaroy, easy access to the motorway via Mona Vale Road

North Narrabeen, 2101 demographic data

The median household income for North Narrabeen is $2,711, 31% higher than Greater Sydney's household income of $2,077. North Narrabeen has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 53% of property owners in North Narrabeen have a mortgage.

6,016
Population
$2,711 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
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Address available on request
North Narrabeen, NSW 2101

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