We take pleasure in offering one of the Northern Beaches most dynamic investment/development

opportunities.

Currently tenanted by a well established, award winning Child Care provider, this supreme

opportunity is situated on a North/Eastern block of land, on the corner of Lagoon Street and

Tourmaline Street in Narrabeen.

Nestled moments from both the sands of Narrabeen Beach and the tranquility of Narrabeen Lake in an

idyllic, child friendly neighbourhood, this property is otherwsie known as lot 8, SEC54 DP 4888,

being within an R3 zone. This zoning potentially allows for greater density than present.

Current lease is in place until December 2016 with an option, annual rent reviews are at 4% with

the lessee paying all outgoings.

An opportunity that should not be overlooked, with a solid rental income & long standing tenant,

this is a must to inspect.


Saturday 5/4 10:00 - 10:20 am
Saturday 12/4 10:00 – 10:20 am
Saturday 19/4 10:00 – 10::20 am
Saturday 26/4 10:00 – 10:20 am
Saturday 3/5 3:40- 4:00 pm


( kindergarten not for sale )