12 The Strand, Dee Why, NSW 2099

Development/Land | Retail

Sold $8,000,000

  • Property ID: 436396
  • Floor Area: 765m²
  • Land Area: 765m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 20/10/2023 765m2 765m2 $11,522,000
PRIME BEACHFRONT INVESTMENT & DEVELOPMENT

| Once in 50 yr beachfront FREESTANDING opportunity
| Consisting of 2 x retail shops, 1 x full floor penthouse
| Full brick concrete slab construction, 80's build
| Dramatic ocean and Long Reef Headland views

| Level land 765m2...frontage 16.76m x width 45.72m
| Truly enormous 17m or 55ft double frontage!!
| Re-develop OR keep as is and collect the multiple rents

| First floor Residential penthouse - 360m2! approx
| Ground floor street Shop 1 - Seafood take away
| Ground floor street Shop 2 - Convenience Store
| Both shops offer outdoor seating/display areas
| Council provisions for further outdoor seating
| Massive beach front balcony with ocean views
| Rear balcony and 2 private terraces
| 5 bedrooms, oversized kitchen, multiple living areas
| 3 bathrooms plus an internal laundry
| PLUS 6 Lock up garages
| PLUS an additional 5 car spaces
| Zoned E1 Local Centre


Over recent years 2 beachfront similar sized blocks have had DA approvals consisting of 10/12 apartments and 2/3 ground floor Cafe/Restaurants each complex, ask us for the approved plans


All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency."

Dee Why Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $433 ---
Retail $9384 $573 6.10%
Offices $7973 $392 4.92%
This is the average advertised price, rent and yield for Dee Why, NSW 2099*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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