1436 Pittwater RoadNorth Narrabeen NSW 2101
Property Details for 1436 Pittwater Rd, North Narrabeen
Last Listing description (August 2023)
1436 Pittwater Road presents a rare opportunity to secure a premium site, on a main arterial road, which connects the North end of the Northern Beaches to the South end of the Northern Beaches. The property has clear upside potential for development, with neighbouring buildings demonstrating the potential for this wonderful site with some of National Brands already taking advantage of this amazing location.
The property offers a large canvas to add value, with 1,560m2 of land, zoned "E3 Productivity Support", already housing the well-known brand "Narrabeen Smash Repairs", also in occupation for over 30 years. Tightly held as a family asset for over 36 years, the sale of 1436 Pittwater Road gives an astute purchaser the opportunity to secure their own family legacy, and add huge value to a fantastically situated property.
Details in Brief:
- 1,171m2 building area (approx)
- 20 car spaces (approx)
- Zoning - E3 Productivity Support
The property itself enjoys a prime location, being only a short stroll away from the sparkling shores of Narrabeen Beach and Narrabeen Lagoon, providing residents with ample opportunities for outdoor activities and a range of local cafes, restaurants, and shops along Pittwater Road, catering to their daily needs. This is a highly desirable address for either an owner occupier looking to design and construct a premise suited to their own business, or a developer looking to place a National Tenant into a vibrant community, on a main thoroughfare road.
Please contact Belle Commercial for full details.
Property History for 1436 Pittwater Rd, North Narrabeen, NSW 2101
- 21 May 2024Sold for $6,800,000
- 29 Aug 2023Listed for Sale Contact Agent
- 11 May 2017Sold
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About North Narrabeen 2101
The size of North Narrabeen is approximately 3 square kilometres. It has 24 parks covering nearly 27.1% of total area. The population of North Narrabeen in 2011 was 5,535 people. By 2016 the population was 5,860 showing a population growth of 5.9% in the area during that time. The predominant age group in North Narrabeen is 40-49 years. Households in North Narrabeen are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in North Narrabeen work in a professional occupation. In 2011, 80.9% of the homes in North Narrabeen were owner-occupied compared with 79.1% in 2016.
North Narrabeen has 2,290 properties. Over the last 5 years, Houses in North Narrabeen have seen a 57.93% increase in median value, while Units have seen a 49.49% increase. As at 30 November 2024:
- The median value for Houses in North Narrabeen is $2,229,297 while the median value for Units is $1,449,768.
- Houses have a median rent of $938 while Units have a median rent of $750.
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