1318-1322 Pittwater Road
Land Area:613sqm approx.
3 x Shops
2 x 1 bedroom units & 1 x 2 bedroom unit
Fully occupied with solid tenants
Main road exposure with second street access from rear
Development potential S.T.C.A
Each Residential unit has full kitchen and bathroom
Common outdoor area
3 shopfronts facing busy Pittwater Road
Seconds from public transport
Zoned: B2 Local Centre, Warringah Council
Net Income: $110,841 per annum
Presenting as a fantastic investment opportunity with all 6 tenancies occupied, the three shops are tenanted by successful local businesses or for the keen developer an opportunity to build on the rear or redevelop the existing site. Offering significant development potential with substantial holding income and remarkable future capital growth prospects.
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Narrabeen Neighbourhood Profile
Surrounded by water on both sides, Narrabeen offers up a uniquely remote feel just 15 minutes from Manly and 25kms from Sydney’s CBD. With some of the most stellar, uninterrupted coastline in Australia and a stunning lagoon surrounded by lush bushland, Narrabeen’s residents are treated to an uncrowded and tranquil world where nature can be enjoyed with an air of ‘slow living’.
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