2/11 Lower Beach StreetBalgowlah NSW 2093
Property Details for 2/11 Lower Beach St, Balgowlah
Last Listing description (September 2026)
Positioned on Lower Beach Street, across the road from North Harbour Reserve, this established caf presents an exciting opportunity to secure a prime investment in a highly sought-after Northern Beaches location. Surrounded by a strong residential catchment and established local amenity, the caf benefits from a loyal local customer base, convenient neighbourhood setting and limited nearby competition, with the closest competing caf approximately 550 metres away.Don't miss this opportunity to acquire a hospitality investment which has served the local community for many years. * Internal Area: 68sqm * Longstanding caf business (Forty Beans) Trading since 2013 * North facing with excellent natural light * Functional internal layout* Internal toilet & storage area with rear access * Established local customer base* Excellent street exposure, pedestrian and passing traffic * Lots of street parking spaces surrounding the property * Convenient access to Manly, Seaforth, Fairlight and the wider Northern Beaches* Tightly held Balgowlah location with strong demographic trends Lease Details* Tenant: Forty Beans Cafe* Term: 5+5* Expiry: November 2030* Reviews: CPI increases annually* Current rent: $84,514 + GST Net paLocated opposite North Harbour Reserve, this asset provides a convenient neighbourhood setting supported by a strong mix of residential, commercial and lifestyle uses. The surrounding area is home to an affluent local population and benefits from its proximity to Stockland Balgowlah, Sydney Road and the major transport routes connecting Manly with the wider Northern Beaches and Lower North Shore.With Balgowlah continuing to be one of the Northern Beaches' most desirable residential suburbs, the location provides an excellent platform for a hospitality operator looking to establish themselves within a strong local community. Its combination of lifestyle, accessibility and surrounding population makes 11 Lower Beach Street an attractive opportunity for astute investors to capitalise. Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.**All rentals are per annum and quoted areas/measurements are approximations only**
Property History for 2/11 Lower Beach St, Balgowlah, NSW 2093
- 24 Sep 2026Sold
- 28 Aug 2026Listed for Sale SOLD CONTACT AGENT
- 12 Apr 2008Sold for $495,000
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0About Balgowlah 2093
The size of Balgowlah is approximately 1.9 square kilometres. There are 12 parks, covering nearly 13.0% of the total area. The population of Balgowlah in 2016 was 7961 people. By 2021 the population was 8068 showing a population growth of 1.3% in the area during that time. The predominant age group in Balgowlah is 40-49 years. Households in Balgowlah are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balgowlah work in a professional occupation.In 2021, 66.90% of the homes in Balgowlah were owner-occupied compared with 65.80% in 2016.
Balgowlah has 4,354 properties. Over the last 5 years, Houses in Balgowlah have seen a 10.18% increase in median value, while Units have seen a 5.95% increase. As at 31 August 2026:
- The median value for Houses in Balgowlah is $3,338,214 while the median value for Units is $1,556,716.
- Houses have a median rent of $1,550 while Units have a median rent of $875.
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