This is a lifestyle opportunity that simply cannot be missed. Located at world famous North Narrabeen beach lies this local iconic building located on the corner of Malcolm and Ocean Streets (opposite North Narrabeen SLSC) and only 25 metres diagonally opposite the recently developed North Narrabeen commercial strip.

The Caf shop front, with external deck is attached to a 3-bedroom residence featuring an internal courtyard and granny flat.
This residentially zoned property enjoys existing use rights and provides fantastic returns from both the shop front and residence.

Caf shop front features includes:

* 3×3 commercial lease commenced in Jan 2009.
* Please note caf business is not for sale.
* Market review at option
* Annual 4% review
* Internal space of approximately 114 square metres
* Cool room
* Toilet
* Commercial flue
* Air conditioning
* Massive bi fold windows facing the ocean
* External deck of approximately 50 square metres facing the ocean.

3-bedroom residence includes:

* 12 month lease commenced in September
* Recently renovated bathroom, kitchen and lounge
* Self contained granny flat (4th bedroom)
* Air conditioned throughout
* Beach style courtyard
* Luxury outdoor 6 person spa
* Off street parking for 2 cars
* Private access from both streets

Looking for a lifestyle opportunity with a great investment return, this property is the one for you.

Combined rental return of $110,500 including GST

Inspection by appointment.

Council Rates: $683.75 per quarter
Water Rates: $518.00 per quarter + usage

Contact
Gordon Spring 0418 210 219 / gspring.collaroy@ljh.com.au
Kim Jeffery 0410 553 919 / kjeffery.collaroy@ljh.com.au