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148 Pitt Road
North Curl Curl NSW 2099
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Sold on 5 Jul 2023

148 Pitt Road North Curl Curl NSW 2099

  • Shop & Retail
  • 415 m²
  • Sold

Beachside Mixed Use Commercial Freehold Opportunity

    This prime investment opportunity which hosts ample re-development opportunities (STCA) all within a level 200m of Curl Curl North Public School, Curl Curl sports grounds and Manly, Dee Why and city transport is available for sale for the first time since construction.

    * Land area: 519m2 approx.
    * Total building area = 415m2 approx.
    * Total Current Gross Rent = $172,437.13 + GST per annum
    * Total Current Net Rent = $152,704.37 + GST per annum
    * 13 public parking spaces located to the east plus ample street parking
    * 6 parking spaces on title at rear
    * Commercial ground floor space with 2 x tenancies
    * First floor residential space with secure access with 2 x tenancies
    * Beachside mixed use freehold with development upside
    * Generous sized apartments with modern finishes
    * Outgoings: $19,732.76 approx. per annum
    * Zoning B1 Neighbourhood Centre
    * Height Limit 8.5m
    * Council Northern Beaches Council
    * LEP Warringah Local Environmental Plan 2011

    Lease details:
    Shop 1
    * Tenant - Brother Barber
    * 30m2
    * 5 + 5
    * Expiry - November 2024
    * Reviews - CPI
    * Security - $2,331.32
    * Gross Rent - $22,038.83 + GST per annum (Due for CPI increase in Jan 2023)

    Shop 2
    * Tenant - North Curl Curl Cellars
    * 103m2
    * 5 + 5
    * Expiry - January 2024
    * Reviews - CPI
    * Security - $6,479.58
    * Gross Rent - $74,491.16 + GST per annum (Due for CPI increase in Jan 2023)

    Unit 1
    * Tenanted
    * 120m2 approx.
    * 1 year
    * Expiry - May 2023
    * Security - $2,600
    * Current Gross Rent - $39,107.14 per annum

    Unit 2
    * Tenanted
    * 120m2 approx.
    * 1 year
    * Expiry - Month to Month
    * Security - $2,600
    * Current Gross Rent - $36,500 per annum

    Located in the highly desirable locale of North Curl Curl is this boutique block featuring two well-established commercial shopfronts and two generous sized apartments. Located just off the corner of Pitt Road and Playfair Road the property is buzzing with activity surrounded by boutique café's, retailors and eateries as well an established residential community.

    For more information please contact Vincent West on 0403 444 000, Geoff Pickering on 0414 590 598 or Oliver Rosati on 0428 877 888.

    **All rentals are per annum and quoted areas are approximations**

    Upstate
    Upstate
    Level 1, Suite 15/888 Pittwater Rd
    Dee Why, NSW 2099

    Property Highlights

    Date Sold5 Jul 2023
    Floor Area415 m²
    Land Area519 m²
    ParkingAsk Agent
    Property ID2018631285
    Category
    Last updated  6 Jul 2023
    Map for 148 Pitt Road North Curl Curl NSW 2099

    Nearest transport* to 148 Pitt Road North Curl Curl NSW 2099

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    Upstate
    Upstate
    Level 1, Suite 15/888 Pittwater Rd
    Dee Why, NSW 2099

    Property Highlights

    Date Sold5 Jul 2023
    Floor Area415 m²
    Land Area519 m²
    ParkingAsk Agent
    Property ID2018631285
    Category
    Last updated  6 Jul 2023

    Co-Agents

    Vincent West
    Vincent West
    Upstate
    Call
    0403 444 000
    Geoff Pickering
    Upstate
    Call
    0414 590 598

    More about 148 Pitt Road North Curl Curl NSW 2099

    148 Pitt Road North Curl Curl NSW 2099 is categorized as Shop & Retail Property. It has a floor area of 415 m² and a land area of 519 m². The listing ID for this property is 2018631285.

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