H&R Block, 4/1238 Pittwater Road, Narrabeen, NSW 2101

Gilberts Property is pleased to offer H&R Block, Narrabeen NSW for sale via Expressions of Interest.


The property has the following investment highlights: -

H&R Block, new 5-year lease, plus a 5-year option to 2034
Direct lease to H&R Block, over 400 offices throughout Australia
Australia's leading tax preparation firm, with over 2,500 tax consultants
High profile 123 sqm office, plus 8 valuable parking spaces
Prominent position between Bunnings & the famous Narrabeen Beach
Located on Pittwater Road, with over 32,000 car per day
Close to 7-Eleven, the famous Narrabeen Sands Hotel and the iconic “Rip Curl” building 
Modern, mixed-use building with valuable depreciation available
The Northern Beaches population forecast to grow to 308,616 by 2041 
Wealthy demographic with an enviable beachside lifestyle
Tenant pays usual outgoings (as per lease)
Annual 3.5% annual rent increases (net income $74,588 in 2028)

Net income $65,000 + GST

For sale by Expressions of Interest, closing 31 October 2024 at 4pm