21 Oaks Avenue, Dee Why, NSW 2099

* Large level site of 753sqm in the perfect central and convenient setting

* North facing block offering loads of natural light

* Excellent opportunity to secure a tightly held freehold site in Dee Why

* Currently multi tenanted offering holding income whilst seeking approvals

* Currently split up into 3 retail shops and 5 first floor offices

* Potential to reap the benefits of a strong commercial and residential market on the Northern Beaches

* Prime position in the heart of Dee Why Town Centre, Northern Beaches Sydney

* A rapidly evolving beachside suburb with city convenience not too far away

* Potential district and water views from the upper levels

* Footsteps to shopping, supermarkets, eateries and rapid city access via the new B-line bus service

* Level walk to the beach and vibrant seaside eateries

* Strong demographic and population trends

* Right across from the Northern Beaches largest development – The Lighthouse by Meriton

* Estimated Outgoings: $66,831.59 per annum

* Current Net Income (with 1 shop and 2 offices vacant): $139,048 + GST per annum (Estimated fully leased net income: circa $240,000 + GST per annum)

Planning Controls (As per current LEP)

* FSR – 3.4:1

* Zoning – B4 mixed use

* Height – 24m

* Warringah LEP 2011

Dee Why is a high demand development suburb undergoing significant gentrification. The new Northern Beaches hospital, Warringah Mall upgrades, Dee Why master plan, Dee Why PCYC centre, B-line rapid transit system and proposed Northern Beaches tunnel, combined with a lack of development in the region have ensured that the Northern Beaches is a blue chip location for development.

Inspections allowed between 10:45 - 11:15am on Tuesday & Thursday - only with your pre registration and allotted time slot. Please contact the agents to arrange.

Expressions of Interest closing Thursday 25th November 2021 at 4.00pm.

To receive a copy of the information memorandum and all planning information, or if you have any further enquiries, please contact Vincent West 0403 444 000 or Oliver Rosati 0428 877 888.

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