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1 Bilambee Ave 2,583 SF Retail Condo Unit in Bilgola Plateau, NSW 2107
Investment Highlights
- Two ground-floor retail spaces
- Prominent location offering strong visibility
- Mixed-use development
- Open-plan layouts
- open-plan living areas
Executive Summary
The property consists of a mixed-use building with two ground-floor retail spaces and multiple residential units on the upper level. Each retail space features an open-plan layout and includes amenities such as a kitchenette and bathroom facilities, with one space also incorporating a cool room. These retail areas are suitable for a variety of uses including retail, office, or medical purposes, subject to council approval. The upper level comprises residential units.
Property Facts
| Total Building Size | 6,555 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,272 SF |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.09 AC |
| Building Class | C |
| Total Building Size | 6,555 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,272 SF |
| Lot Size | 0.09 AC |
Amenities
- Signage
- Air Conditioning
1 Unit Available
| Unit Size | 2,583 SF | NOI | $43,354.85 |
| Condo Use | Retail | APN/Parcel ID | CP/-/SP14737 |
| Sale Type | Investment |
| Unit Size | 2,583 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| NOI | $43,354.85 |
| APN/Parcel ID | CP/-/SP14737 |
Description
The property consists of a ground-floor retail space and an upper-level residential unit. The retail area measures approximately 120 m² and includes an open-plan layout, kitchenette, bathroom facilities, and a cool room. It is positioned for visibility and accessibility, suitable for various uses such as retail, office, health and beauty, or medical (subject to council approval).
The residential component is a two-bedroom unit that has been recently renovated. It features a new kitchen, bathroom, and laundry. The living area is open-plan and connects to an undercover courtyard, providing natural light and outdoor space. A loft-style bedroom with a study area is included in the layout.
Outgoings for the property are as follows: council rates of $1,445.00 per annum, water charges of $173.00 per quarter, and body corporate fees of $1,430.00 per quarter.
Sale Notes
This mixed-use property in Bilgola Plateau offers a rare opportunity to secure a high-performing investment in one of the Northern Beaches’ most tightly held markets. The asset combines a versatile ground-floor retail space with a fully renovated two-bedroom residential unit, delivering both immediate income and long-term growth potential.
The retail component spans approximately 120 m² and features an open-plan layout, kitchenette, bathroom facilities, and a cool room, making it ideal for retail, office, health and beauty, or medical uses (STCA). Its prominent position ensures excellent exposure to both pedestrian and vehicular traffic, creating strong branding opportunities for tenants.
Above the retail space, the residential unit has been meticulously upgraded with a brand-new kitchen, bathroom, and laundry. The open-plan living area flows seamlessly to an undercover courtyard, providing abundant natural light. A loft-style bedroom with a study nook adds to its appeal for tenants or owner-occupiers.
Currently generating a gross rental return of $68,800 + GST, this property offers a secure income stream in a thriving community with limited competing stock.
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1 Bilambee Ave
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