Realty.com.au

$18,190,000 - $20,000,000

Manly Iconic whole stand alone Beachfront building- Best location in Australia

Phone enquiry code for this property: 9913 For when only the best lifestyle will do. Situated in the most beautiful and prestigious beach front location on Sydney's Mediterranean- Bower St Manly beach front. Located right on the Manly's north facing beachfront, midway along the beautiful Marine pd walkway between Manly surf beach and Shelly Beach just 6 meters from world famous Cabbage Tree Aquatic Reserve. This is the best Sydney beach front Location available. For sale is a stand alone, whole building with huge lifestyle and profit potential.offering both residential and commercial options. Or purchase only the ground level of the building for commercial use- approx. area of 120 sm. Interest at above Au $10 mil will be entertained. Beachfront Manly with both residential and commercial options are so rare, almost impossible to find at any price.. Possibly suit extraordinary luxury residence, Corporate flagship and residences, luxury units or boutique hotel - impossible to find anything as rare and versatile. 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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$83,109.38

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SOLD

Contact AgentSold on December 7, 2019

 3
Beds
 2
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 2
Parkings
SOLD

Contact AgentSold on November 19, 2019

 2
Beds
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Baths
 1
Parking
SOLD

On-SiteSold on November 16, 2019

 3
Beds
 1
Bath
 1
Parking
SOLD

Contact agentSold on November 16, 2019

 3
Beds
 2
Baths
 2
Parkings