46 Old Barrenjoey Road Avalon Beach NSW 2107

Knight Frank is delighted to offer by Auction the 100% freehold interest in 46 Old Barrenjoey Road, Avalon Beach - offered for sale for the first time in 60 years!

Key features of the property:

- A rare Avalon Beach freehold investment
- Highly sought after location in one of the Northern Beaches' most famous retail precincts
- Strong $209,000 pa. net passing income
- Mixed tenancy profile with very low historical vacancy
- Net leases with outgoings paid by tenants
- Dual street access providing off street parking via Edmund Hock Avenue
- Immediate access to public transport with two bus stops within 200m*
- 400m* from renowned Avalon Beach
- Poised to benefit from significant Government investment into Northern Beaches transport
- Multiple opportunities for value add, with future redevelopment potential (STCA)

This outstanding investment opportunity is being offered for sale via public Auction at 10:30am, Tuesday 19 June 2018 at AuctionWorks - Mezzanine Level, 50 Margaret Street, Sydney.