1412-1414 Pittwater Road, North Narrabeen, NSW 2101

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Retail
|Showrooms/Bulky Goods
|Industrial/Warehouse
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Published on: 21 Feb 2025
Last updated on: 21 Feb 2025
1412-1414 Pittwater Road, North Narrabeen, NSW 2101
1412-1414 Pittwater Road, North Narrabeen, NSW 2101
1412-1414 Pittwater Road, North Narrabeen, NSW 2101
+11
1412-1414 Pittwater Road, North Narrabeen, NSW 2101
  • 11
Property ID: 504796264
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Key property information

Land Size
1,841.00 m2
Floor Area
1.00 m2
Tenure Type
tenanted

Trophy Northern Beaches Convenience Retail Investment

1412-1414 Pittwater Road, North Narrabeen, NSW 2101
Burgess Rawson is pleased to offer to the market this absolute trophy convenience retail investment located at 1412-1414 Pittwater Road, North Narrabeen NSW for sale via our Investment Portfolio Auction 175.

The opportunity has the following key investment highlights:

+ Renewed 5 year net lease to 2029 with 5 year option extending to 2034
+ EG Group: one of the world's largest fuel and convenience retailer with $33 billion annual revenue & 6,600+ locations globally^
+ Large 1,841sqm* landholding over two lots with frontage of 37m* to Pittwater Road, providing valuable exposure to 35,561 vehicles daily^^^
+ Strategic positioning along Pittwater Road, adjacent to national tenants Supercheap Auto and Petbarn, and in close proximity to Warriewood Square, anchored by national brands Coles, Woolworths, Kmart and ALDI
+ North Narrabeen: pristine beach side suburb governed by the Northern Beaches Council, an economic powerhouse with 116,617 local jobs and a GRP of $21.1b^^
+ Attractive net lease terms with tenant responsible for 100% of all usual outgoings
+ Attractive annual reviews 
+ Easily managed investment with one market leading multi-national tenant, EG Group
+ Net Income: $458,016 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

*Approx
^eg.group
^^economy.id
^^^transport.nsw.gov.au

Property Details

Basic Info

Property Type
RetailShowrooms/Bulky GoodsIndustrial/Warehouse
Listing Status
On Market
Land Size
1,841.00 m2
Address
1412-1414 Pittwater Road, North Narrabeen, NSW 2101
Kieran Bourke
Kieran Bourke
Rhys Parker
Rhys Parker
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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Kieran Bourke
Kieran Bourke
Rhys Parker
Rhys Parker
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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      Property ID: 504796264

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