SOLD
Sold on 18 Jul 2024 for $940,500

4/1-7 Lagoon Street
Narrabeen NSW 2101

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 4/1-7 Lagoon St, Narrabeen

Building Type
Commercial
Year Built
2000
Local Government
Northern Beaches
Lot/Plan
4/SP62292

Last Listing description (January 2024)

Outstanding Retail Opportunity - Don't Miss Out!

Looking for the perfect space to bring your business dreams to life? Look no further! We have an incredible leasing opportunity in the heart of Narrabeen, offering a world of possibilities.

This versatile property presents a canvas ready opportunity for your unique vision. Whether you're considering opening an accounts office, a travel agency, a physiotherapy clinic, a naturopathic haven, or a counselling practice, this space can be changed to cater to your needs.


Imagine the freedom to design your business space exactly as you envision it. The current fit-out can be effortlessly removed, giving you a blank slate to craft an atmosphere that aligns with your brand and services.

The possibilities are endless! From setting up a private counselling practice, travel agency, accountants office, the choices are endless.

In addition to the above opportunities the property is already set up for someone to take over an exclusive hair salon with existing clients. A new lessee would also have the flexibility to sublet out the spray tan room, 2 beauty rooms, lash & brow bar, and the manicure & pedicure station. This means that the salon which is set up to offer a wider range of services has the potential to generate additional income streams. The luxurious fit-out of the salon is designed to impress and provide the ultimate in customer experience. Take advantage of this rare chance to step into a thriving salon business with a loyal customer base and make it your own.

* Salon area 101 sqm
* Currently a salon, but the fit out can all be removed
* Ample on street parking, with all day parking out front
* 3 wash basins
* 8 cutting stations
* 6 colour stations
* 1 spray tan room
* 2 beauty rooms
* Lash & brow bar
* Manicure & pedicure station
* Large opulent reception area
* Large floor to ceiling front of shop windows
* Huge street signage for the business
* Air- conditioned
* Internal shared male & female amenities
* Large fully equipped kitchen area

Whatever your desire is for a retails space, this property could work for you.

Call Paul Cunningham on 0413 161 661 or Saxon Stonehouse 0408 033 330 today for your inspection.

***All rentals are per annum & areas/measurements are approximations. It is up to lessees/purchasers to conduct their own investigations regarding any approvals required by governing authorities**

Property History for 4/1-7 Lagoon St, Narrabeen, NSW 2101

A timeline of how this property has performed in the market
Last Sold
$940,500
18 Jul 2024
  • 27 Mar 2023
    Listed for Rent $43,500 Gross GST pa
  • 11 Feb 2009
    Listed for Rent - Price not available
  • 24 Mar 2006
    Listed for Rent - Price not available

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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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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.