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Dual-Income Coastal Investment with Future Development Potential
1453 & 1455 Pittwater Road, North Narrabeen
Mixed-Use Freehold Investment – Expressions of Interest
An outstanding opportunity to acquire one or both adjoining mixed-use freehold properties in a high-exposure Northern Beaches location. Perfectly positioned on busy Pittwater Road, these well-maintained assets combine secure commercial tenancies with residential apartments above, providing strong and diversified income streams.
Each property features a ground-floor commercial shop occupied by long-established businesses, and a spacious two-bedroom apartment above with rear lane access, off-street parking and a lock-up garage. The apartments enjoy abundant natural light and offer flexibility for continued residential use or conversion to office space.
With long-term tenants in place, consistent income, and potential to add further value through redevelopment or an additional level (STCA), this offering presents a rare opportunity for investors seeking stability, versatility, and future upside.
Located within walking distance to Narrabeen Beach, Narrabeen Lake, cafes, and transport, the properties benefit from both lifestyle appeal and unbeatable exposure.
Current Rental Income:
1455 Pittwater Road – Commercial: approx. $33,481.32 p.a. | Residential: approx. $29,442.86 p.a.
1453 Pittwater Road – Commercial: approx. $33,540 p.a. | Residential: approx. $30,134.29 p.a.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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