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Iconic Location: With recently renovated restaurant!
Located adjacent to the council car park at North Narrabeen Headland, this landmark site offers a rare opportunity to secure a commercial premises with a captive market in a unique location.
With a new lease in place, the premises offers a shrewd investor a chance to purchase a freehold property in one of the most exclusive locations on the Northern Beaches. With a full kitchen in place and a recent and comprehensive modern renovation, the premise offers huge value.
DETAILS: - Land area - 345m2 - Building Area - 206m2 approx indoor area - Garage Area - 54m2 - Secure tenant on new 5 + 5 year lease (Exp. 8/3/25) - Current Net Income = $130,000 ex GST pa - Outgoings Including Council Rates, Land Tax, Water Rates, Insurance = $21,480pa (Tenant pays for 95% of total outgoings)