FOR SALE
Expressions of Interest

Shop 5/1105-1107 Barrenjoey Road
Palm Beach NSW 2108

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
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Rare Commercial Gem in Exclusive Palm Beach Locale

Discover a unique commercial opportunity in the heart of Palm Beach, a tightly held location synonymous with prestige. This prime property offers a dual street front position, ensuring maximum visibility and accessibility for your business.
- Secure your place in one of Palm Beach's most sought-after and exclusive areas, known for its affluent clientele and upscale atmosphere.
- Embrace a workspace bathed in natural light, creating an inviting and productive environment for your team and clients alike.
- Enjoy unparalleled exposure with dual street frontage, enhancing your business's visibility and accessibility. This is a rare advantage that sets this property apart.
- Caters to clients and guests with ample parking opportunities, ensuring convenience and accessibility for everyone visiting.
- This property will be sold with vacant possession, providing you with a clean slate to tailor the space to your business needs without any existing tenancy constraints.
Outgoings:
Sydney Water - $160 per qtr (approx)
Council - $330.9 per qtr (approx)
Fire Audit - $120 annually
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Property Details for Shop 5/1105-1107 Barrenjoey Rd, Palm Beach

Building Type
Commercial
Floor Size
70m2

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About Palm Beach 2108

The size of Palm Beach is approximately 2.7 square kilometres. It has 21 parks covering nearly 41.8% of total area. The population of Palm Beach in 2011 was 1,596 people. By 2016 the population was 1,620 showing a population growth of 1.5% in the area during that time. The predominant age group in Palm Beach is 60-69 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 70.5% of the homes in Palm Beach were owner-occupied compared with 75.2% in 2016.

Palm Beach has 1,443 properties. Over the last 5 years, Houses in Palm Beach have seen a 37.82% increase in median value, while Units have seen a 173.78% increase. As at 30 November 2024:

  • The median value for Houses in Palm Beach is $3,877,693 while the median value for Units is $2,578,101.
  • Houses have a median rent of $1,500 while Units have a median rent of $700.
There are currently 29 properties listed for sale, and 10 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 2108

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David Edwards
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LJ Hooker Palm Beach
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.