1 Narrabeen Park Pde 1,819 SF Retail Building Warriewood, NSW 2102 For Sale

This exceptional freehold property occupies a landmark waterfront position on the Northern Beaches, adjacent to the council car park at North Narrabeen Headland. Currently anchored by the renowned hospitality operator "Girdlers," the property delivers a solid in-place income of $175,478.78 + GST per annum on a net basis, complemented by 4% annual rental increases and a fully fitted commercial kitchen. The 208 m² internal space has undergone recent, high-quality improvements, ensuring operational quality for the established tenant.
Adding to its long-term appeal, an approved development application allows for the construction of a premium three-bedroom private residence, offering unobstructed ocean views and boutique architectural design. This addition transforms the holding into a mixed-use opportunity, marrying stable income with luxury residential potential.
With its rare waterfront setting, secure income profile, and upside through approved development, this property is uniquely suited for investors seeking asset stability in one of Sydney’s most exclusive coastal enclaves. Positioned within easy reach of North Narrabeen Beach and Pittwater Road, the site benefits from strong traffic and a loyal local patronage base.