122-128 Crescent Road, Newport NSW 2106

Bitova and LJ Hooker Avalon Beach are pleased to present the opportunity to acquire a substantial 6,500sqm freehold & an additional crown leasehold in 122-128 Crescent Rd & 55-57 The Avenue Newport. Also referred to as Sirsi Marina.

Sydney's northern beaches is a vibrant, mixed use precinct, backed by significant public & private infrastructure investment. The asset is strategically located on one of Sydney's most desirable waterways. The perceptive investor will be offered a substantial holding in a suburb that is deeply rooted in the growth of the northern beaches. This prominent parcel on the corner of Crescent Road and The Avenue provides the property a commanding position.

Undeniably one of the most sheltered location on the waterfront.

INVESTMENT HIGHLIGHTS
With Sydney's population growth and the current inability for international travel, the local luxury goods market for cars, boats, and homes has increased exponentially due to the rise in available disposable income.

With Sirsi Marina providing solid holding, this opportunity provides the ability to own one of Pittwater's most protected marinas, with ever growing demand in an extremely tight market.

With 6 under developed residential lots on the site, 2 having additional permitted uses, this is an opportunity not to be passed up.

Major capital upgrades undertaken in 2010 including boat lift, new hardstand with bunding, new sea wall, workshop upgrade and new Bellingham marina.

Sirsi Marina provides a rare blend of short-term upside and long-term scalability.


Disclaimer:
All information contained herewith, including but not limited to the general property description, price and the address, is provided to LJ Hooker Avalon Beach by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.