Belle Property Commercial Northern Beaches is pleased to present this exclusive opportunity to purchase a prime retail space in the heart of the popular Freshwater Village shopping hub. Situated on the ground floor, just under the well-known Stowaway Bar, this 90m2 plus 7m2 storage* property is set within one of the Northern Beaches' most tightly held suburbs, offering great exposure with dual glass frontage. Being in the centre of the action, it faces both the well-trafficked internal arcade and the busy Moore Road/Lawrence Street shopping precinct.
OPPORTUNITY: Purchase the entire lot of 97m2 and benefit from flexible floor plan of splitting the premises in two 45m2 commercial shops, with separate storage area! It will allow investors to spread their lease income across two smaller shops, and benefit from having two separate income streams from the dual tenancies. For owner-occupiers, take advantage of running your business from one shop and collecting additional income from the other. Shops 12 & 12A have their own separate entrances, separate kitchenettes, and individual electricity and water meters, ready to be split into two tenancies easily if required.
The premises offer strong branding presence, consistent foot traffic, connection to Freshwater's affluent local customer base and steady stream of visitors. Surrounded by well-established businesses, restaurants, cafés and boutiques, the site appeals to a higher-spending demographic. To name a few, well-established neighbouring businesses include: Mrs Jones The Baker, Mr Gelato, The Stowaway Bar, Harry Gatos, Freshie Chickens, St. Alma, and the IGA. This is a standout opportunity to join one of the Northern Beaches' most vibrant retail precincts.
KEY FEATURES:
- 90m2* + 7m2* storage
- The property comes complete with an existing office fit-out
- Ability to split in two shops, 45m2 each, both include a kitchenette and are fully air-conditioned
- Wide glass frontage with excellent street exposure
- 86 on-site parking spaces (44 undercover + 42 uncovered)
- Shared amenities
- Suited to owner-occupiers or investors
OUTGOINGS (approx.):
- Council: $2,495.20 p.a.
- Strata: $31,320 p.a.
- Water: $516 p.a.
Total: $34,331.20 p.a.
LOCATION:
Freshwater is currently location of high demand for retail and commercial space due to be renowned for its strong sense of community, desirable beachside lifestyle, and thriving retail and dining precinct. It continues to attract quality retail and hospitality operators to cater for its loyal and affluent demographic. Hence why the village is growing, and there are a few flagship residential and commercial developments to be completed in the next 3-5 years, enhancing the appeal of the main retail strip and the range of quality retail offerings. If you have a long-term goals for your assets, secure this retail premises now in this tightly held Freshwater location and benefit from the unmatched potential of this growing and rapidly developing coastal suburb.
For more information or to arrange an inspection, contact Klaudia Brown or James Willing.
*All measurements are approximate.
