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5 marine parade, manly, NSW 2095

Manly Iconic Beachfront building- Best location in Australia

Phone enquiry code for this property: 9913 The most beautiful location in Sydney - Sydney's Mediterranean. Redevelop whole building offering huge residential and commercial options. Or purchase only the ground level commercial area of 120 sm Beachfront Manly with residential and commercial options Located right on the beachfront, midway along the beautiful Marine pd walkway between Manly surf beach and Shelly Beach. This is the best Sydney AAA beach front Location property available Possibly suit Corporate flagship location and residences- it is that good and impossible to find anything nearly as good. A very rare beach front opportunity- a whole stand-alone Manly beach front building RARE UNIQUE OPPORTUNITY FOR THE CREATIVE LIFESTYLE or CORPORATE INVESTOR Unrepeatable Ocean front position with ocean pool at the doorstep Marine Parade brings thousands of pedestrians from 6am to 8pm past the frontage every day to Shelly beach. * Zoned for B1 mixed commercial/residential uses allowed (STCA). *Zero land tax applicable. Purchase options include: 1. The whole building and site- 306 sm OR 2. Whole ground floor of 120 square meters for commercial use. Currently short term tenanted and configured in small flats plus small retail and food spaces Unbelievable SMSF opportunity Unbelievable boutique redevelop for lifestyle residential buyer opportunity- Huge investment upside in premiere Manly beach front location with simple low-cost re-build LOCAL VALUE COMPARISONS below: * Compare neighbouring off plan luxury residential units sold 2016 at up to $au9.8 million each. SOLD OUT IN 10 days. * Compare neighbouring properties sold 2018 and 2019 without beachfront access at $14 mil knock down site to $16 mil 30 year old home site. * Compare Manly South Steyne commercial space with Heritage implications, sold 2017 at $10 million- no parking for site. Returns 2017 holding income- $430k pa. commercial/ residential mix Expressions of Interest- Phone enquiry code for this property: 9913

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Land Area: 306 m2

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Recent Sales in MANLY

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Sold on August 23, 2019


Sold on August 16, 2019


$890,000 - $960,000Sold on August 15, 2019


Sold at  $868,000Sold on August 12, 2019