Address available on request,
Narrabeen, NSW 2101

Attention savvy investors and developers! With exposure to busy Pittwater Road and its central location this property presents itself as an excellent opportunity to develop and expand on the vacant land behind with views directly over Narrabeen Lake (STCA). All this with a steady stream of income while you do your planning.

Features:
*Land Area: 463sqm
*Building Total: 220sqm
*Two shops both leased to stable tenants
*Income with development potential (STCA)
*Exposure to Pittwater Road
*Close to public transport
*Cafes, restaurants and local amenities at your door step
*Seconds from the Beach and backing onto the Lake
*Warringah Council - B2 Local Centre
*Shop 1: Month to Month Lease
*Shop 2: Leased till September 2015
*Net Income: $78,537 PA + GST
*Outgoings: $8,462 PA approx.
*For Sale: $1,900,000

Location:
Located on Narrabeen’s main retail shopping strip, between the lake and the beach with all the lifestyle amenities at its doorstep, such as banks, Woolworths, post office, a variety of eateries as well as regular public transport.

**All rentals are per annum and quoted areas/measurements are approximations only**