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Sold Retail found in NORTHERN BEACHES (METROPOLITAN), NSW

SECURE RETAIL INVESTMENT

Investment | Retail

Property Details:
* Situated in a busy central location in Dee Why's retail precinct
* A large strata retail property with existing tenants
* Broad street frontage in a mixed use building
* Open plan layout with separate storage rooms, amenities and kitchenette
* Exclusive use rights to covered display area located in front of the shop.
* Fully Air-Conditioned
* Proven tenancy with 2 years remaining on existing lease and a 5 year option
* Annual income $76,220 + GST as of 1st November 2016
* Annual fixed percentage increases
* Guaranteed growth of income
* Property Strata Area: 148 sqm
* 4 basement security car spaces on the title of the property
* Zoned B4 Mixed Use under the Northern Beaches Council LEP
* An excellent addition to any commercial property portfolio
Call to arrange an inspection NOW

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Sale Price: Contact Agent    Building: 148m²

RETAIL SPACE WITH MAXIMUM EXPOSURE

Retail

* Pinnacle Position
* Main Road exposure with advertising potential
* Main area (64sqm Approx.) with toilet facilities
* Modern Full Height Glass Shopfront
* Excellent natural light
* Would suit a variety of uses

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Sale Price: Contact Agent    Building: 64m²    Occupancy: Vacant

REASONABLE RENT

Offices | Retail | Medical

Close to the corner Woodlands Street North
Scope to improve

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Building: 580m²    Land: 423m²

FREEHOLD INVESTMENT: RETAIL/RESIDENTIAL

Investment | Retail

Astute investors will not want to miss this chance to secure this rare Northern Beaches offering of 1 shop and 1 residence - a classic tenanted 'Shop Top' located in the heart of Narrabeen retail centre literally 1 minute walk to the lake and 2 minutes walk to the ocean beach.
Presenting as a fantastic investment opportunity with both tenancies occupied, the ground floor shop has a solid tenant on a new 5+5+5 lease who has been trading in the area for many years. The 1st-floor residential tenant has been in place since 2014, and is on a new one-year lease. This huge fully renovated 2 bedroom unit includes a massive sun-drenched outdoor entertaining terrace. This offering provides significant opportunity with solid income and future capital growth prospects for the astute investor.
This is a rare opportunity to invest in a prime location in the centre of Narrabeen with public transport just footsteps from the building, surrounded by busy cafés, banks, shops and restaurants, with both the ocean and the lake just a short stroll away.
FEATURES:
*Fully rented with 2 stable tenants
*Retail area: 170sqm. Residential: 110sqm 2 bedroom unit
*Ground floor shop with solid tenant on a new 5+5+5 lease
*High ceilings and full glass frontage
*Main road exposure for the shop with rear lane access
*Large open plan shop; kitchenette, M&F bathrooms
*Enormous fully renovated 2 bedroom unit
*Massive sun drenched terrace for entertaining
*Residential tenant in place since 2014, on a new one-year lease
*Total Net income - $114,010 + GST
For more information or to arrange an inspection, contact Vincent West 0403 444 000.
LOCATION:
Located in the centre of Sydney's stunning Northern Beaches on Narrabeen's main retail shopping strip, between the lake and the beach with all the lifestyle amenities at its doorstep, such as banks, supermarkets, post office, a variety of cafes and restaurants as well as regular public transport.
** Quoted areas/measurements are approximations only **

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Sale Price: Contact Agent    Building: 280m²    Land: 204m²


BRAND NEW GROUND FLOOR RETAIL

Retail | Offices

Area: 59sqm - 119sqm. A golden opportunity to secure a spot in this brand new development that will comprise of 33 residential units together with four ground floor retail.
Shop 2: 59sqm with 3 car spaces + 8sqm storage and exclusive use of outdoor area (15sqm and S.T.A) @ Sale: $640,000 + GST Lease: $44,80 + GST Net
Shop 3: 60sqm with 3 car spaces @ Sale: $483,000 + GST Lease: $44,800 + GST Net
For sale or Lease separately or combined
Features;
*Open plan and column free ready for your ideal fit out
*Across the road from large council park
*Prime main road location
*Air-conditioning
*Car spaces available
*Close to public transport and abundance of street parking
*Shared disabled bathroom
*Designed by the award winning firm Gartner Trovato Architects,
*Expected completion date: Early 2017
*Estimated outgoings: $80 per sqm.
Positioned opposite Warringah Golf Course and Warringah Recreation Centre these shops benefit from a great frontage and excellent exposure to Pittwater Road. With 50,000 vehicles per day using Pittwater Road combined with the high density residential surrounding, businesses are set to thrive.
LOCATION: Positioned in a convenient location on the corner of Pittwater Road and Corrie Road North Manly, with easy access to Manly Beach, Warringah Mall, Warringah Golf Club, moments away from schools, harbour ferries, and city transport.
** All rentals are per annum and quoted areas/measurements are approximations only **

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Sale Price: Contact Agent    Building: 59m² - 119m²    Occupancy: Vacant

DA APPROVED DEVELOPMENT OPPORTUNITY

Investment | Offices | Retail | Development/Land

SOLD - WANTED SITES WITH OR WITHOUT DA
Developers waiting
DA approved development with passing income.
Situated on the North side of Sydney Rd just two doors from the corner Woodlands Street North.
SOLD - Development Opportunity with passing income.

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Sale Price: Contact Agent    Building: 198m²    Land: 387m²    Occupancy: Tenanted

CALLING ALL OWNER OCCUPIERS & INVESTORS

Retail | Offices | Showrooms

166sqm Shop/Office/Showroom/Medical plus 3 parking spaces.
Occupy or invest in this versatile commercial property. Suitable for many uses including but not limited to shop, office, showroom or medical practitioners on the top floor. 1 of 3 in a small strata building.
This is a rare opportunity to invest in a prime location in the centre of Brookvale. One minute walk to Pittwater Road, access to banks, public transport, cafés and restaurants.
Street front access via a front door leading up to this commercial property. The property is also accessible via a side a ramp leading up to ample roof top parking and tilta door access at the back of the premises, making this property ideally positioned for deliveries.
FEATURES:
* Zones B5 and also approved for retail
* Fantastic signage opportunities
* Front door access from Sydenham Road
* Tilta door access at the rear
* One building back from Pittwater Road
* 2 internal Showers
* Open planned area
* Separate Males and Female amenities
* Kitchenette
* Auctioned as vacant possession
* Currently occupied on a month to month basis
* For Sale Auction 6 April 2017.
LOCATION:
Just one building shy from being on the corner of Pittwater Road and Sydenham Road. Great exposure to busy thoroughfare road in Brookvale. Post Office, cafes, banking and Westfield Warringah Mall are all only minutes away. Brookvale is conveniently positioned in Sydney's Northern Beaches with easy access to major arterial roads (Pittwater and Warringah Roads).
**All rentals are per annum and quoted areas/measurements are approximations only**

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Sale Price: Contact Agent    Building: 166m²

SPLIT THE RISK - ONE TITLE, TWO LEASES

Investment | Retail | Offices

Strata area 128sqm + 3 security parking spaces. Two leases over one title, split into two individual tenancies both tenants are secured with long term leases.
Shop 2a Lease Details:
Tenant: Northern Beaches Financial
Term: 3 Years and 4 Months
Lease Commencement: March 2016
Lease Expiry: June 2019
Options: 1yr 6mth + 2 yrs 6 months + 2 yrs 6 mths
Rent: $37,960 + GST Net
Reviews: annual CPI reviews and market review at option
Outgoings: 60% recoverable
Shop 2b: Lease Details
Tenant: Northern Beaches Dental
Term: 1 Year 9 Months
Lease Commencement: June 2015
Lease Expiry: May 2022
Options: 5 Years
Rent: $34,403 + GST Net
Reviews: annual CPI or 4% whichever the greater and market review at option
Outgoings: 100% recoverable
Features:
*Retail investment
*Beautiful building only 4 years old
*Commanding corner position on Mona Vale and Pittwater Roads
*40,000 cars pass per day
*Air-conditioning
*North facing with full height frontage creating great natural light
*M&F amenities and lift
*Close to public transport and multiple car parks
*Located on ground floor of landmark building
*Short walk to Woolworths, Aldi and Mona Vales retail hub
*Outgoings: $5,072 pa approx.
*Total Net Rent: $72,363
*For Sale: $1,206,050 ex GST
Please call Vincent West on 0403 444 000 if you have any questions or would like to arrange a private viewing.
Situated on Mona Vale's busiest intersection, the property benefits from an enormous amount of exposure and is close to all retail and commercial amenities Mona Vale has to offer. Mona Vale also has a number of golf courses a stunning beach and of course Pittwater waterway a yachting and boating Mecca 2 minutes from the town centre.
Location:
The property is located in Mona Vale on Sydney's beautiful Northern Beaches on the corner of Pittwater Rd and Mona Vale Road, just minutes walk from major bus stops, Pittwater Place, Bungan Street, Australia Post and many boutique eateries and various shops. Mona Vale is well serviced with Health care centres, Woolworths, Coles, Australia Post and banks. The approximate drive times are 22 minutes to Dee Why, 13 minutes to Belrose, 55 minutes to Sydney CBD.
**All rentals are per annum and quoted areas/measurements are approximations only**

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Sale Price: Contact Agent    Building: 128m²    Occupancy: Tenanted

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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