5/39-41 Lagoon St, Narrabeen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 1858m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
This is a wonderful opportunity for an investor, downsizer or first home buyer to invest in a recently painted, tightly held block on Lagoon Street, just 300 steps to Narrabeen Beach. With impressive rental returns, this unit oozes modern, easy living. Finished with a contemporary neutral palette, ground floor with both a covered front balcony and a huge rear courtyard, this two bedroom unit is instantly appealing.
Located on the beach side of Pittwater Road, away from traffic and busy intersections, take full advantage of lakeside walks, access to city transport primary schools, childcare centres and local shopping district with plenty of services and restaurants for all to enjoy.
Both generous bedrooms have built in robes, the master includes an ensuite and sliding glass doors to the private courtyard and communal green space beyond. The kitchen, lounge and dining areas are clad in easy to maintain timber flooring creating a warm and inviting atmosphere. The modern kitchen feature stone bench tops, stainless steel appliances, gas cooktop, dishwasher and roller pantry sure to please the home chef. Full modern bathroom, plus ensuite, air conditioning, separate internal laundry with storage and secure parking for one vehicle complete the package.
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 4,342 properties. Over the last 5 years, Houses in Narrabeen have seen a 42.46% increase in median value, while Units have seen a 32.18% increase. As at 31 October 2024:
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