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1 Narrabeen Park Parade North Narrabeen NSW 2101

  • Shop & Retail
  • 206 m²
  • For Sale, $2,930,000

Occupy or Invest in this Iconic Freehold Building Located Only Footsteps to the Beach

    * Total Land Area, 345m2, Building Area, 206m2, External Area, 82m2 & Storage/Garage, 57m2
    * Owner occupy or invest in this well located freehold building
    * Newly renovated throughout with quality finishes to kitchen & bathroom areas
    * Outdoor entertaining areas with seating, undercover and entertainment options
    * Building layout currently split into two, with kitchen & bar access on each side.
    * Flexible spaces can be used for café/restaurant style or functions.
    * Excellent main thoroughfare road exposure with large signage opportunities
    * Commercial kitchen with storage, preparation area, connection to grease trap & exhaust ventilation
    * Enough space on the block for 4 car spaces + additional 57m2 garage to be used as either parking, storage or another source of income (Approx. $17,000 + GST Gross)
    * Recently renovated male, female & disabled toilets inside
    * Large council car park located right out the front of building
    * Projected Net Income Inc Storage (Approx.) = $145,926 ex GST pa
    * Outgoings Including Council Rates, Land Tax, Water Rates, Insurance = $21,480pa

    This is a well-known, iconic building on the Northern Beaches and positioned in an unbeatable spot. The land also has some potential for future redevelopment (STCA) with a zoning of land zoning of R2 (Low Density Residential) and Height Limit of 8.5m.

    LOCATION
    Narrabeen is a conveniently located area that offers a beach lifestyle with level access to all amenities including restaurants, supermarket and local strip retail along Pittwater Road. There is direct access to public buses right out the front and also express city buses close by as well as the vehicular corridor of the Wakehurst Parkway and Mona Vale Road to enable easy access to the city and the west.

    Call Vincent West on 0403 444 000 today for your inspection.

    **All prices are per annum and quoted areas/measurements are approximations only**

    Property Highlights

    Property ID2016154931
    Floor Area206 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  25 Sep 2020
    Map for 1 Narrabeen Park Parade North Narrabeen NSW 2101
    Map for 1 Narrabeen Park Parade North Narrabeen NSW 21011 Narrabeen Park Parade North Narrabeen NSW 2101
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Upstate
    Level 1, Suite 15/888 Pittwater Rd Dee Why NSW 2099

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