687 Pittwater Road Dee Why NSW 2099

Opportunities like this do not come to market often, given the tightly held nature of the Northern Beaches commercial market. A fully leased, well-positioned asset on Pittwater Road with some possible development upside this offers an astute buyer the chance to acquire a set and forget property to add to the portfolio.

* Building Area: 391m2
* Land Area: 295m2
* Freehold commercial/retail asset right in the heart of Dee Why
* Ground floor retail and first floor office spaces
* Recently refurbished common areas of the building
* Spread the investment risk with multiple tenancies
* Fully leased to multiple business types
* High growth suburb that is undergoing significant surrounding residential developments
* Metres from main bus tops, taxi ranks and multiple public car parks
* Significant exposure and signage opportunities
* Total Current Gross Rent: $158,320.96 per annum approx..
* Development Controls: MU1 Mixed Use | Height 27m | FSR 4:1

New developments in the Town Centre precinct are attracting huge interest. Dee Why is undergoing a massive transformation. This building is within the growing retail/commercial area which will continue to benefit from the development and close proximity of high profile residential developments, beautiful beaches and public transport.

Situated on the western side of Pittwater Road in Dee Why's Town Centre within walking distance from to two large public car parks. Close to the major banks, Meriton shopping precinct, Woolworths, Coles, Dee Why Grand Shopping Centre and only metres from the main B Line bus stop, arguably the busiest bus stop on the Northern Beaches. Dee Why is well serviced by banks, 4 x supermarkets and various retailers, it has a large and diverse population that is about to expand dramatically with all the nearby developments.

Call Vincent West on 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**