CBRE are pleased to present 103 Alfred Street, Narraweena (Sydney) NSW, to the market via Investment Portfolio Auction on Tuesday the 24th of February at the Sydney Opera House.

The property has the following key investment highlights:

+ Brand new ten (10) year lease to 2036 plus a further ten (10) year option to 2046
+ Australia Post: Commonwealth Government business enterprise providing postal services across Australia with over 64,000 workers spanning 4,310 sites nationwide
+ Compounding fixed 4% annual rent increases ensuring compounding rental growth
+ Centrally located 266sqm* Northern Beaches freehold improved by a two-level commercial and residential building with on-site parking
+ Versatile E1 Local Centre zoning offering future development potential (STCA)
+ Strategic Australia Post location with 5 schools within a 1km* radius, and next to The Friendly Grocer, Liquorland & Chemist Max
+ Narraweena: idyllic Sydney suburb part of the Northern Beaches, which has a population of over 274,000 & GRP of over $21B annually*
+ Net Income: $147,610 pa* + GST

To be sold via Investment Portfolio Auction 10:30am (AEDT) Tuesday 24 February 2025, Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx