Retail Sho Lagoon Street Narrabeen, NSW 2101


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Property Details

Property Description

Office/Retail Space In The Heart Of Narrabeen

Laing & Simmons Narrabeen as Exclusive Agent, is pleased to present for your consideration Shop 1, 6 Lagoon St, Narrabeen.

This new retail/office space is perfect for an owner occupier or investor looking to have a small business in the heart of Narrabeen.

Parking is very easy with its very own secure car space within the building, two visitor spots for customer appointments and a public car park directly across the street with the capacity of 50 cars.

+ 17sqm retail shop facing Lagoon Street
+ Secure car space 14sqm within the building
+ Large storage lock up cage 4sqm
+ Access to W/C facilities
+ Total area of 35sqm
+ Unit entitlements 19/1000 or 1.9%.

Annual Outgoings attributable to the Shop

+ Council Rates $1,280.05
+ Water Rates $688
+ Strata levies $826.84
+ Sinking fund $123.52

Land tax Not Applicable

Total $2,918.41 per annum or $56.12 per week.

The property was recently leased by a retail/wholesale vegan cake shop who have moved to a warehouse.

Details of the previous lease:

The property was leased for $14,340 per annum plus a share of outgoings. (rent $275 per week net)

Rented at $275 an annual rental of $14,340 approx at a yield of 5% equates to a capital value of $286,800.

Please contact Chris Gamarra on 0451 790 840

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Suburb Profile

Showcasing a prominent local presence in Narrabeen and a team illustrating rich and accumulative experience, Laing+Simmons offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Narrabeen and surrounding suburbs.

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