2/11 Lower Beach Street, Balgowlah, NSW, 2093

Positioned on Lower Beach Street, across the road from North Harbour Reserve, this established café presents an exciting opportunity to secure a prime investment in a highly sought-after Northern Beaches location. Surrounded by a strong residential catchment and established local amenity, the café benefits from a loyal local customer base, convenient neighbourhood setting and limited nearby competition, with the closest competing café approximately 550 metres away.

Don't miss this opportunity to acquire a hospitality investment which has served the local community for many years.

* Internal Area: 68sqm

* Longstanding café business (Forty Beans) – Trading since 2013

* North facing with excellent natural light

* Functional internal layout

* Internal toilet & storage area with rear access

* Established local customer base

* Excellent street exposure, pedestrian and passing traffic

* Lots of street parking spaces surrounding the property

* Convenient access to Manly, Seaforth, Fairlight and the wider Northern Beaches

* Tightly held Balgowlah location with strong demographic trends

Lease Details

* Tenant: Forty Beans Cafe

* Term: 5+5

* Expiry: November 2030

* Reviews: CPI increases annually

* Current rent: $84,514 + GST Net pa

Located opposite North Harbour Reserve, this asset provides a convenient neighbourhood setting supported by a strong mix of residential, commercial and lifestyle uses. The surrounding area is home to an affluent local population and benefits from its proximity to Stockland Balgowlah, Sydney Road and the major transport routes connecting Manly with the wider Northern Beaches and Lower North Shore.

With Balgowlah continuing to be one of the Northern Beaches' most desirable residential suburbs, the location provides an excellent platform for a hospitality operator looking to establish themselves within a strong local community. Its combination of lifestyle, accessibility and surrounding population makes 11 Lower Beach Street an attractive opportunity for astute investors to capitalise.

Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection.

**All rentals are per annum and quoted areas/measurements are approximations only**

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