Freehold Building Great Investment.
Hardy's 1 are excited to be appointed as marketing agents for the sale by Private Treaty for this charming beach side property at 1 Narrabeen Park Parade, North Narrabeen. Located just steps from the shores of the tranquil Narrabeen Lagoon and the world famous North Narrabeen Beach. This is arguably one of the best locations for a restaurant/cafe on the Northern Beaches which epitomizes the casual lifestyle and vista that is on offer to local residents that they so revere. The property is being sold with a new long-term tenancy in place and would make a great long term asset for a property investment portfolio.
Features include:
A uniquely located freehold building just meters from water's edge
Exceptional exposure year round to both pedestrian and motor vehicle traffic
The building has been recently refurbished with quality finishes throughout
Flexible Restaurant / café layout with central kitchen perfect for functions
Indoor and casual outdoor dining areas with undercover seating
Popular eatery all year round
A new 5 year + 5 year tenancy
Tenant pays 95% of the following outgoings
Off street parking for 4 cars plus large two car garage with storage
Building Area: 288 sqm plus 57 sqm approx high clearance garage
Land Area: 354 sqm approx.
Sydney Lakeside Caravan Park across the road
Ample public parking with large council car park located adjacent to the property.
Contact now to arrange a private inspection
