3/1085 Pittwater Road Collaroy NSW 2097

A golden opportunity to purchase a secure investment in the tightly held beachside suburb of Collaroy. Across the road from Collaroy Beach, The Beach Club and Merrivale's pub "The Collaroy". Currently being operated as a renowned local Thai cuisine shop. It is fully fitted out to operate as a restaurant and there is a small outdoor seating area where customers can enjoy the ocean breeze.

* Area: 92m2 including terrace
* Brand new 5+5 lease to 'Nokkeauw Thai'
* Directly across from Collaroy beach
* Prime main road location on Pittwater Road
* Exclusive use of 6sqm undercover outdoor terrace area for dining
* Air-conditioning throughout
* 2 car spaces included
* Current Net Income: $63,000 + GST per annum on a new 5+5
* Currently leased to 'Nokkaew Thai' - Been there since 2017
* Shared M/F and disabled bathrooms in the building
* Close to public transport and council car park opposite
* Astute 'set and forget' investment opportunity
* Zoning: E1 Local Centre | Northern Beaches Council

Positioned opposite Collaroy Beach these shops benefit from a great frontage and exceptional exposure to the Northern Beaches busiest artery, Pittwater Road with plenty of foot traffic from beachgoers, surrounding retailers, pubs food outlets and extensive on-street parking. With 50,000 vehicles per day using Pittwater Road combined with the high-density residential surrounding, businesses are set to thrive.

Collaroy is a popular beachside suburb situated between Dee Why and Narrabeen on Sydney's Northern Beaches. Collaroy is well serviced by public transport, banks, post office and retailers. Collaroy is also an entertainment hub with numerous cafes, restaurants, bars and a cinema complex.

Call Vincent West 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

**All rentals are per annum and quoted areas/measurements are approximations only**