Property Details for 11/8 Oaks Ave, Dee Why
Last Listing description (November 2023)
Shop 11 is a boutique retail space with a potential new 5+5 year lease to a multi-national tenant who has over 200 stores in Australia alone on a 6.6% Net return. It is in an exclusive development of 71 residential apartments and 12 retail shops located in the pulsing heart of Dee Why, right next door to the new Meriton Lighthouse shopping and alfresco piazza precinct. This brand new development will be situated right on the doorstep of the B Line bus stop making it easily accessible and around Dee Why Lagoon and Beach and only minutes from Cromer, Collaroy, Brookvale and Warringah Mall putting this development right in the centre of the Sydney's stunning Northern Beaches.
This boutique shop has a signed Heads of Agreement for a new 5+5 year lease at $63,000 + GST Net, with all outgoings paid by the tenant.
* 53sqm area plus 3 car spaces
* Highly exposed corner position is great for retailers wanting the ultimate presence
* On title car spaces plus customer/visitor parking and nearby carparks
* Secure lease to multi-national tenant
* 5+5 year lease commencing upon completion of the development
* Tenant pays 100% of outgoings
* Expected completion approx. Q4 2024
* Call for further lease details
Positioned on the corner of Oaks Avenue and Pittwater Road, this new development is highly exposed to over 50,000 cars daily. The complex is easily accessible from major arterial roads from the North, West and South, connecting Dee Why easily to Chatswood, Sydney CBD, North Shore and more. Located approx. 100m to the B-Line bus stop, 1km to Dee Why Beach, 2.5km to Warringah Mall and 17.5km to Sydney CBD.
Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.
**All prices are per annum and quoted areas/measurements are approximations only**
Property History for 11/8 Oaks Ave, Dee Why, NSW 2099
- 25 Oct 2023Listed for Sale For Sale: $954,000 + GST
Recent sales nearby
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0About Dee Why 2099
The size of Dee Why is approximately 3.4 square kilometres. It has 11 parks covering nearly 15.0% of total area. The population of Dee Why in 2016 was 21518 people. By 2021 the population was 23354 showing a population growth of 8.5% in the area during that time. The predominant age group in Dee Why is 30-39 years. Households in Dee Why are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dee Why work in a professional occupation.In 2021, 50.20% of the homes in Dee Why were owner-occupied compared with 50.30% in 2016.
Dee Why has 13,156 properties. Over the last 5 years, Houses in Dee Why have seen a 50.77% increase in median value, while Units have seen a 34.98% increase. As at 30 November 2025:
- The median value for Houses in Dee Why is $2,847,257 while the median value for Units is $1,100,000.
- Houses have a median rent of $780 while Units have a median rent of $750.
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