40 Old Barrenjoey RoadAvalon Beach NSW 2107
Property Details for 40 Old Barrenjoey Rd, Avalon Beach
Last Listing description (July 2023)
Offered to the market for the first time ever in the tightly held and centrally located heart of vibrant Avalon Village.
Of solid 1990's concrete slab and brick construction, this building provides over 300 square metres of retail / office space currently configured into 5 separate units - this freehold is being sold on a single title with vacant possession.
This unique commercial property also offers opportunity to further capitalise on its great locale with the addition of a 3rd level (STCA) increasing the overall leasable space , or getting the existing space strata titled. DA concept plans and drawings by one of the Northern beaches best architectural firms are available on request.
There is the added bonus of dual street access and 5 undercover car spots plus storage.
Currently there are 2 ground floor retail shops and 3 first floor offices with a projected yield of around 5%. Ideal for landlords looking to make a quality addition to their existing portfolio or purchasers with self-managed super funds.
Shop 1 - 36 sqm + 11 sqm verandah
Shop 2 - 48 sqm + 14 sqm verandah
Office 1 - 98 sqm + 31 sqm balcony
Office 2 - 33 sqm
Office 3 - 88 sqm
Land Size Approximately 362 sqm
Zoning - E1 Local Centre (provides for shop top housing)
Council Rates approx. $1,389 per quarter
Water Rates approx. $371 per quarter
Units are separately metered for power and have individual air conditioning systems.
For further information contact Nik Vuko or Peter Grant
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.
Property History for 40 Old Barrenjoey Rd, Avalon Beach, NSW 2107
- 29 Aug 2023Sold for $2,860,000
- 03 Jul 2023Listed for Sale Expressions of Interest - Closing June 29th at 2pm
- 17 May 2023Sold
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About Avalon Beach 2107
The size of Avalon Beach is approximately 5.2 square kilometres. It has 26 parks covering nearly 18.1% of total area. The population of Avalon Beach in 2016 was 9905 people. By 2021 the population was 10379 showing a population growth of 4.8% in the area during that time. The predominant age group in Avalon Beach is 50-59 years. Households in Avalon Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Avalon Beach work in a professional occupation.In 2021, 82.70% of the homes in Avalon Beach were owner-occupied compared with 81.40% in 2016.
Avalon Beach has 4,581 properties. Over the last 5 years, Houses in Avalon Beach have seen a 20.24% increase in median value, while Units have seen a 7.86% increase. As at 31 January 2026:
- The median value for Houses in Avalon Beach is $2,837,491 while the median value for Units is $1,121,356.
- Houses have a median rent of $1,200 while Units have a median rent of $765.
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