Newport

366-368 Barrenjoey Road

SOLD - Undisclosed

Freehold residential & retail mixed use opportunity

EXPRESSIONS OF INTEREST CLOSING 1ST DECEMBER 2022

Ideally positioned between Barrenjoey Road and the very popular Newport Beach, this prized freehold opportunity is ideal for the astute investors, potential development upside or the weekend / holiday getaway.

This solidly constructed property is situated on the beach side of Barrenjoey Road and set amongst the Newport retail strip precinct.

Direct access to Newport Council Parking and Newport Beach.

This rare and significant offering presents the opportunity to purchase a versatile and quality asset in a highly desirable position within the Northern Beaches.

This property consists of four strata lots and is managed by the current owner.

Unit 3 – Residential - Vacant
Double brick constructed apartment with open plan living dining & kitchen. Flowing off the kitchen is a generous sized terrace with access to the laundry. The apartment has two spacious bedrooms with built-in wardrobes in both. The flooring within the living and kitchen is tiled, and features part parquetry timber floor within the bedrooms.

Unit 4 - Residential - Vacant
Top floor apartment with open plan living dining with internal staircase. Flowing off the living area is the terrace which has a pleasant easterly aspect and partial ocean views.

The full-size, separate kitchen with granite benchtops is in perfect condition, with two generous size bedrooms both with built-in wardrobes nestled at the rear of the apartment. The property benefits from an internal laundry and a second shower. The bathroom is spacious and includes the original fixtures & fittings.

Shop 1 - Leased
Ground floor retail fronting Barrenjoey Road and leading to a rear terrace area.
Set up and leased as a Café with functional kitchen area located at the rear of the premises.

Shop 2 – Leased
Ground floor open plan retail fronting Barrenjoey Road and leading to a rear terrace area. Ideal natural light through the entire space.
Currently leased to "Mitch & Mark HOME".

Approximate Building Areas:
Shop 1: 84m2 (including 18m2 terrace)
Shop 2: 86m2 (including 15m2 terrace)
Unit 3 Residential: 170m2 (including 51m2 terrace
Unit 4 Residential: 194m2 (including 64m2 terrace)

Parking is provided to Shop 1 and both residences only.
Shop 1 has one car space plus storage, both residences have 2 car spaces each.

• B2 Local Centre Zoning
• Property consists of four strata lots
• Public Transport & council parking at your door
• Newport Beach only a stone's throw away.

Disclaimer: The information contained in the advertisement has been obtained from third party sources we deem to be reliable. Stone does not make any representation as to the accuracy of the information, does not accept any responsibility or liability and recommends that any client / interested party make their own investigations and enquiries. All images are indicative of the property only. All dimensions and sizes are approximate and indicative only.

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