11-25 Wentworth Street,
Manly, NSW 2095
Shops & Retail
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Map of 11-25 Wentworth Street
Bus stops within 5 km of 11-25 Wentworth Street, Manly, NSW 2095 Distance South Steyne Opp Victoria Pde 140 m Manly Village Public School, Victoria Pde 178 m North Steyne Opp Raglan St 221 m Manly Wharf, Belgrave St, Stand H 295 m Manly Wharf, East Esplanade, Stand C 308 m POWERED BY HERE ©
POWERED BY HERE ©
Rare opportunity to secure a Prime Commercial Investment Property in Manly.
- EXpression of Interest sought
- Exceptional Location
- Long Term Quality Tenant
Rare opportunity to secure a Prime Commercial Investment Property in Manly.
First time to market in over 20 years. A rare opportunity to purchase this Prime Corner Double Strata Commercial Investment within the 'Peninsula' complex located at the Manly beach-end of Wentworth Street in a high foot traffic zone. Wentworth Street runs directly parallel to the famous Corso and is linked by the Rialto Plaza. The shop is situated in the modern retail and residential complex of the "Peninsula" with direct access to a 400 Public Car Park below and 165 Residential units above adjoining Coles.
The Manly Beach is known worldwide for the high number of tourists and constant flow of locals through the centre every day.
Features:
• Shop 16 90.8m2
• Shop 17 87.7m2
• Total 178.5m2
• Gross Rental $211,140 + GST p.a.
• Long Term Secured Quality Tenancy
• High Visibility Corner
• Expansive Wide Glass Frontage
• Secured Car Spot
• High Pedestrian Traffic with bustling weekend trade
• Direct Access to Multiple Council Car Parks
• Proximity to Beach Front, Rialto Plaza and The Corso
Outgoings:
Strata Fees
Lot 16 $2,351.25 per quarter
Lot 17 $2,915.55 per quarter
Council Rates $1,550.00 per quarter
The Opportunity
Fully leased, the property generates a sustainable net income of $183,873* per annum. Manly Retail property is very tightly held and this opportunity provides you one of the best Commercial investment opportunities with a guaranteed long term Capital Growth in a premium location. Currently located opposite the new Aroura Far West residential beachfront development the future potential is secured.
Please enquire directly with the exclusive agents below to arrange a private viewing. IM on request.
George Malouf
Investment Sales & Leasing
0410 6861...
george.malouf@belleproperty.com
First time to market in over 20 years. A rare opportunity to purchase this Prime Corner Double Strata Commercial Investment within the 'Peninsula' complex located at the Manly beach-end of Wentworth Street in a high foot traffic zone. Wentworth Street runs directly parallel to the famous Corso and is linked by the Rialto Plaza. The shop is situated in the modern retail and residential complex of the "Peninsula" with direct access to a 400 Public Car Park below and 165 Residential units above adjoining Coles.
The Manly Beach is known worldwide for the high number of tourists and constant flow of locals through the centre every day.
Features:
• Shop 16 90.8m2
• Shop 17 87.7m2
• Total 178.5m2
• Gross Rental $211,140 + GST p.a.
• Long Term Secured Quality Tenancy
• High Visibility Corner
• Expansive Wide Glass Frontage
• Secured Car Spot
• High Pedestrian Traffic with bustling weekend trade
• Direct Access to Multiple Council Car Parks
• Proximity to Beach Front, Rialto Plaza and The Corso
Outgoings:
Strata Fees
Lot 16 $2,351.25 per quarter
Lot 17 $2,915.55 per quarter
Council Rates $1,550.00 per quarter
The Opportunity
Fully leased, the property generates a sustainable net income of $183,873* per annum. Manly Retail property is very tightly held and this opportunity provides you one of the best Commercial investment opportunities with a guaranteed long term Capital Growth in a premium location. Currently located opposite the new Aroura Far West residential beachfront development the future potential is secured.
Please enquire directly with the exclusive agents below to arrange a private viewing. IM on request.
George Malouf
Investment Sales & Leasing
0410 6861...
george.malouf@belleproperty.com
Additional information
Property ID: 504607828Last Updated: 4 Jun 2024
11-25 Wentworth Street
Manly, NSW 2095
Belle Property Commercial - Northern Beaches12 Howard Avenue
DEE WHY, NSW 2099
DEE WHY, NSW 2099
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