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1453-1455 Pittwater Rd 3,380 SF 100% Leased Retail Building North Narrabeen, NSW 2101 $1,217,880 ($360.33/SF)

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Investment Highlights

Two adjoining mixed-use freehold properties
First floor two-bedroom residential apartments in each building
Potential for future development or additional level (STCA)

Ground floor commercial tenancies with established retail occupants
Rear lane access to both properties

Executive Summary

1453–1455 Pittwater Road, North Narrabeen is offered for sale as a mixed-use freehold investment comprising two adjoining titles. The properties generate income from both commercial and residential tenancies, providing diversified cash flow across multiple leases. Each title includes a ground floor commercial tenancy and a two-bedroom apartment above, with supporting parking and rear access. The properties are leased to established tenants and provide consistent rental income across both components.
Current Rental Income:
1455 Pittwater Road – Commercial: approx. $33,481.32 p.a. | Residential: approx. $29,442.86 p.a.
1453 Pittwater Road – Commercial: approx. $33,540 p.a. | Residential: approx. $30,134.29 p.a.
The offering presents the ability to acquire one or both properties, with scope for future reconfiguration or development potential, subject to council approval.