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Shore Commercial - Brookvale

64-68 May Road Narraweena, NSW 2099

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64-68 May Road,
Narraweena, NSW 2099

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

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Shore Commercial - Brookvale
David Falvo
Michael Burgio

Shore Commercial - Brookvale

477 Pittwater Road
BROOKVALE, NSW 2100
Shore Commercial - Brookvale
64-68 May Road
Narraweena, NSW 2099

Map of 64-68 May Road

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FREEHOLD RETAIL INVESTMENT / DEVELOPMENT OPPORTUNITY

  • INVEST - OCCUPY - DEVELOP
  • 3 X RETAIL SHOPS + STORAGE
  • POSSIBLE DEVELOPMENT UPSIDE (S.T.C.A)
The subject property is superbly located in one of the Northern Beaches’ most desirable suburbs; beaches, cafes, restaurants and transport are all just a short stroll away. The property is well situated in close proximity to major arterial roads such as Pittwater Road and Warringah Road, providing key connectivity to the surrounding suburbs.

Shore Commercial Property, as the exclusive selling agent, is pleased to present 64 - 68 May Road, Narraweena. The property represents a unique opportunity to acquire a quality investment opportunity with the possible upside of residential development (S.T.CA) in a tightly held retail precinct. This building has been recently renovated with little Italy café / deli operating from two of the three shops.

• Two freehold titles
• Land area: 520m² (approx)
• Total Building area: 237m² (approx)
• 3 x retail shops & 3 x storage garages
• Rear loading and parking
• Potential total income if fully leased: $210,000 pa (excl
GST)
• Approximate current gross income: $157,800pa (excl GST)
• Two street access, including rear access from Poplar Lane
• Existing refurbished single-storey retail building
• Zoned E1 Local Centre
• Building height limit of 8.5 meters
• Potential redevelopment into a mixed-use development
(S.T.C.A)
• Potential to build retail and two levels of residential
(S.T.C.A)
• Positioned in the popular May Road retail precinct with
outstanding exposure to Warringah Road.
• 27 x Council car parking spaces located at the front of the
retail strip servicing the centre.

For further information, please contact the exclusive selling agents below.

Property ID: 504441196Last Updated: 15 Dec 2023

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