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NORTHERN BEACHES - NEW SOUTH WALES
The Northern Beaches area has fabulous beaches and is blessed as a haven for sailing, waterskiing, kayaking, canoeing, rowing, boating, golfing, swimming and fishing. The lake areas such as Narrabeen are a vista of leisure activities, surrounded by numerous parks and reserves, which provide beautiful walking tracks along the waters edge.
It's no wonder that the Northern Beaches Industrial and Commercial areas are becoming the "in" areas to buy, invest or set up your business. With big business now making choices for lifestyle location, properties here will only become more popular.
The area features fine restaurants and cafes and a friendly shopping atmosphere. There are many strips of these facilities in Manly, Dee Why and stretching all the way up to Palm Beach. There is a vibrant, active community that is kept informed on a daily basis by the Manly Daily, Peninsula Living and our Northern Beaches Weekender newspapers. Warringah Mall, located at Brookvale, is one of the largest outdoor shopping facilities in NSW . There are also many weekend and monthly markets with stalls right on the waters edge, providing the perfect location to pick up a bargain and mix with the local community.
The Sydney Northern Beaches is a peaceful area blessed with fine waterways and long stretches of golden sand to the east. The stretch of surfing beaches running from Manly to Palm Beach accommodates everyone, from the most experienced to the beginner. On the Northern Beaches you will have ample opportunities to enjoy the superb scenery of a beautiful region.
CB Richard Ellis Northern Beaches has many options if you interested in Industrial and Commercial areas. Residential and mixed use developments are areas where you might find your next safe investment. There is growth in our market through modifying existing sites, redeveloping industrial strata spaces and many great options for medical opportunities. We are fortunate to have larger pockets of land located in Terry Hills area of sizes between 1 to 5 and 5 to 10 acres. We offer a diverse market should you be interested in relocating yourself and your business to this area.
Key influences being felt within our Northern Beaches market at the moment are the State Government push to increase population numbers, coupled with strong economic trends which underpin occupational demand, with commercial and Industrial property prices being high as the cost of capital rises. Land supply and control is the key to unlocking value.
The Northern Beaches share of the Sydney Metro Industrial/Commercial market is recorded as follows:
| Office |
1.7% |
| Industrial |
3.1% |
| Retail |
5.4% |
| Population |
5.5% |
The Northern Beaches is known as a “boutique” high value property region with an ageing, well educated & wealthy population. We generate moderate rentals with our Belrose region being ranked in the Top 10 growing non-CBD Sydney commercial market. We have a number of high quality developments currently in the pipeline – with some of our pre and existing projects based on a “green” environment, reducing the energy consumption, CO² emissions, waste and water usage of these sites.
Northern Beaches yields sit between 6.75 and 7.5%. Northern Beaches real estate trades as a strong and growing market. Our representatives are happy to explain where there are opportunities for you to benefit from involvement in this market.
For further information on our Services at CB Richard Ellis Northern Beaches, please click here.
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