Phone enquiries - please call 1300 594 794 and quote property ID 28225.
Situated in the shopping and restaurant hub of Narrabeen on Waterloo Street, just meters from the beach and meters from the main road, this commercial space has good double-window street frontage. The current lease is 3+3. Landlord is willing to add another 3 years. Ideal location and space for those interested in running their own restaurant or caf.
Currently, it is operating as an Austrian Beer Bar & Restaurant and is licensed but could be easily converted to any cuisine. 80 sqm inside with a seating capacity of up to 40 people and a 23 sqm outside area for up to 20 people.
One Car spot is allocated to the owner at the rear of the restaurant in Council Car park.
Plenty of Street Parking and an ideal location being so close to the beach.
Please note. These premises have been recently Renovated. At present, it has a new kitchen and bar equipment. Price for business negotiable.
Turnover is $6000 per week with only 6 short (18 hours) nights operating.
Potential to increase with opening longer for dinner and breakfast and lunch
business and equipment for sale is negotiable. Asking price is $80000. This amount can be paid in installments
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The size of Narrabeen is approximately 4.6 square kilometres. There are 21 parks, covering nearly 13.3% of the total area. The population of Narrabeen in 2016 was 8207 people. By 2021 the population was 8255 showing a population growth of 0.6% in the area during that time. The predominant age group in Narrabeen is 30-39 years. Households in Narrabeen are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Narrabeen work in a professional occupation.In 2021, 50.40% of the homes in Narrabeen were owner-occupied compared with 52.20% in 2016.
Narrabeen has 4,400 properties. Over the last 5 years, Houses in Narrabeen have seen a 6.89% increase in median value, while Units have seen a 16.00% increase. As at 30 April 2026:
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