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9/10 Waterloo Street
Narrabeen NSW 2101

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 462m2
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COMMERCIAL SPACE FOR LEASE & SALE JUST METRES FROM THE BEACH IDEAL FOR A RESTAURANT/CAFE

Phone enquiries - please quote property ID 28225.
Situated in the shopping and restaurant hub of Narrabeen on Waterloo Street, just meters from the beach and meters from the main road, this commercial space has good double-window street frontage. The current lease is 3+3. Ideal location and space for those interested in running their own restaurant or café.
Currently, it is operating as an Austrian Beer Bar & Restaurant and is licensed but could be easily converted to any cuisine. 80 sqm inside with a seating capacity of up to 40 people and a 23 sqm outside area for up to 20 people.
More outside seating is available on the council strip.
One Car spot is allocated to the owner at the rear of the restaurant in Council Car park.
Plenty of Street Parking and an ideal location being so close to the beach.
Please note. These premises have been recently Renovated. At present, it has a new kitchen and bar equipment. Price for business negotiable.
Turnover is $7000 per week with only 6 short nights operating.
Potential to increase with opening breakfast and lunch
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for 9/10 Waterloo St, Narrabeen

Building Type
Commercial
Floor Size
104m2
Land Size
462m2

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About Narrabeen 2101

The size of Narrabeen is approximately 4.6 square kilometres. It has 21 parks covering nearly 13.3% of total area. The population of Narrabeen in 2011 was 7,474 people. By 2016 the population was 8,214 showing a population growth of 9.9% in the area during that time. The predominant age group in Narrabeen is 30-39 years. Households in Narrabeen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabeen work in a professional occupation. In 2011, 50.2% of the homes in Narrabeen were owner-occupied compared with 52.2% in 2016.

Narrabeen has 4,379 properties. Over the last 5 years, Houses in Narrabeen have seen a 34.76% increase in median value, while Units have seen a 32.93% increase. As at 30 November 2024:

  • The median value for Houses in Narrabeen is $2,885,392 while the median value for Units is $1,236,982.
  • Houses have a median rent of $860 while Units have a median rent of $750.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Narrabeen on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Narrabeen.

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