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Savills - Sydney CBD

79-89 Pittwater Road Manly, NSW 2095

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79-89 Pittwater Road,
Manly, NSW 2095

Shops & Retail • Offices • Other
Added 1 day ago

Price information

Sale - Expression of Interest

For Sale via Expressions of Interest

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Savills - Sydney CBD
Tim Grosmann
Lucy Abram

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
Savills - Sydney CBD
79-89 Pittwater Road
Manly, NSW 2095

Map of 79-89 Pittwater Road

Directions
  • Bus stops within 5 km of 79-89 Pittwater Road, Manly, NSW 2095Distance
    Pittwater Rd at Carlton St53 m
    Pittwater Rd Opp Steinton St118 m
    North Steyne at Carlton St130 m
    Pittwater Rd at Pine St228 m
    Pine St Opp North Steyne SLSC240 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Mixed-Use Investment - Manly NSW

  • Landmark Mixed Use Trophy Asset
  • 100% Leased with stable income
  • Potential to reposition or redevelop
Savills and Pine Property are delighted to present 79-89 Pittwater Road, Manly for sale – a landmark trophy asset just 150 metres* from Manly Beach.

- Generous 746.1sq m* site located in the heart of Manly
- Mixed-use asset with diversified income streams across residential, retail, and commercial tenancies
- Fully occupied, ensuring stable and secure income
- Prominent corner site with three street frontages, including extensive Pittwater Road frontage
- Significant value-add potential through various repositioning strategies

The property includes:
- Six terrace apartments: Five two-bedroom terraces and one four-bedroom terrace, all with spacious bedrooms, natural light, and private courtyards.
- Prime retail spaces: The retail component comprises six strip retail shops leased to three tenants including Assembly Label, Skittle Lane and Wilburs Deli. All shops enjoy prime street frontages to bustling Pittwater Road with strong visibility and pedestrian foot traffic, providing excellent brand exposure for tenants. All have excellent natural light and modern fit-outs.
- Commercial office: A self-contained two-storey office building leased to a reputable local architecture and interior design firm.
- Lock-up garage: A large lock-up garage under a separate lease.

Positioned on a 746.1sq m* corner site with three street frontages to Pittwater Road, Carlton Street, and Smith Lane, the property is located near iconic Manly Beach and surrounded by dining, entertainment, retail, and community amenities.

This is a rare opportunity with excellent long-term capital growth potential, driven by its prime location and potential to reposition and add value in a highly sought-after market.

(*Approx.)

79-89 Pittwater Road is offered for sale via Expressions of Interest, closing on Wednesday, 30 October 2024 at 4PM (AEDT)

For further information, please contact our team.

Property ID: 504699300Last Updated: 27 Sep 2024

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