373 Barrenjoey Road, Newport

Upstate Commercial is pleased to present 373 Barrenjoey Road, Newport. This tightly held freehold property is situated in the highly-sought after suburb of Newport and this is the first time its offered to the market in over 30 years. With the site comes DA approval to construct a brand new building offering 1 retail space and 6 residential apartments within 200m metres to the beach.

The property fronts Barrenjoey road, which is the only main arterial road connecting the rest of the Northern Beaches to Manly, capturing high-flow traffic and good pedestrian exposure.

* Total land: 526m2
* DA approval for combined retail and residential offering
* 6 apartments varying from 1 beds, 1 bed + study and 2 beds
* Tightly held pocket of real estate in excellent lifestyle suburban setting
* Approval for 105m2 retail space suitable for a large array of business types
* Zoning – B2 Local Centre
* Height Limit – 11.5m
* Architect for the DA – Archisoul architects
* Current building consists of 2 retail shops and 1 residential apartment (all tenancies on month-to-month)
* Strong demographic trends in Newport
* Outgoings: $16,032.56 per annum

Positioned on western side of Barrenjoey Road in Newport, and is nestled in this beach side suburb’s busy & vibrant entertainment hub. Close to the bus stop, other eateries, BWC, and the council car park. Barrenjoey road provides access to the greater Northern Beaches from Avalon to Manly. Only 200 metres to Newport Beach, km to Royal Prince Alfred Yacht Club, and 1.2km to Newport Public School.

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**