Manly's heart, mixed use with shopfront and two apartments
A significant holding right in the vibrant heart of Manly, investors or developers will see the value and the potential of this property. It comprises a large fitted out shopfront with all the amenities in place to commence a café or restaurant business plus two upper level unimproved apartments.
On one title, it can be held as a great investment with tenants already in place with the apartments and the shopfront ready to lease out. Alternatively, explore the development options and fully capitalise on its premier locale. It's surrounded by quality establishments and enjoys excellent passing foot and car traffic exposure.
Further property features include: - North-east facing, premium Manly with mixed use zoning - Occupies a prime 148sqm with high exposure frontage - 1 x 2 bed, 1 bath apartment, 1 x 3 bed, 1 bath apartment - Rooftop apartment boasts a sweeping entertainer's terrace - Three bed apartment with high ceilings and a balcony - Restaurant boasts commercial kitchen and grease trap - Footpath dining available, cool room and bar with fridges - Potential to renovate/replace, $202,452.00 pa income approx. - Footsteps to Manly Wharf, Manly Beach the bus and ferry
Statutory outgoings: *All approx, P.A Council - $12,957.71 Water - $3,800 Land Tax - $12,596 (based on a single basis holding)
Inspections
No open inspections scheduled.
Send an enquiry
Contact Luke Newby to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.