Ground level retail premises situated in a busy little retail arcade with well established cafes, restaurants and hairdressers. The arcade has excellent street frontage to Barrenjoey Road and benefits from a high volume of pedestrian traffic between the street front shops and rear car park.
The complex has consistently generated a high level of occupancy due to strong support from locals and an abundance of on grade parking conveniently located directly to the rear of the complex.
* Flexible usage & floor plan with central bar
Positioned on Western side of Barrenjoey Road in Newport, and is nestled in this beach side suburb's busy & vibrant restaurant hub. Close to the bus stop, other eateries, BWC, and the council car park. Barrenjoey road provides access to the greater Northern Beaches from Avalon to Manly. Only 500 metres to Newport Beach, 2.3km to Royal Prince Alfred Yacht Club, and 1.2km to Newport Public School.
Call Paul Cunningham on 0413 161 661 or Liam Washburn on 0408 033 330 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
The size of Newport is approximately 3.8 square kilometres. It has 21 parks covering nearly 9.6% of total area. The population of Newport in 2011 was 9,036 people. By 2016 the population was 9,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Newport is 50-59 years. Households in Newport are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 72.5% of the homes in Newport were owner-occupied compared with 74.2% in 2016.
Newport has 4,528 properties. Over the last 5 years, Houses in Newport have seen a 58.64% increase in median value, while Units have seen a 18.08% increase. As at 30 November 2024:
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