OVERVIEW
Prominently positioned on Manlys thriving beachfront strip just 50m from The Corso, this boutique mixed business development with spectacular ocean views shows excellent returns, substantial future projected capital growth and scope to value add.
It is comprised of 3 levels of retail and 3 levels of residential apartments and approval to build 2 penthouse apartments with all facilities already connected. Every square metre is currently leased and a low vacancy rate will always be assured in this prime sought after location.
The retail component is leased by an established concern that has forged a reputation as a relaxed venue to lunch and unwind during the day and the place to be seen kicking up your heels when the sun goes down. With ocean views from two levels, it consists of a boutique brassiere, vibrant bar and hip and happening night club.
Serviced by a secure lift, the 6 residential apartments are ultra-sleek, superbly appointed, generously proportioned with 2 of them featuring spectacular views from the across the surf to wide Pacific horizons.
This is an unrepeatable opportunity to acquire a rare mixed use investment in select position on Manlys coveted beachfront with the very real potential to strata title each of the retail and the residential components and complete the construction of the penthouses.
Other features:-
Rear lane access from Henrietta Lane through to Manly Beach and Corso
Double brick construction and solid concrete faade
200mm slab floors
Night club floors and ceilings have been sound proofed
All residential units 6mm toughened glass through kitchens and bathrooms
All residential units fitted with spa baths
3am Liquor License
Residential floors can be converted to commercial premises
LOCATION
Directly across the road from the internationally famous Manly Beach
50 metres from The Corso and humming cafes, restaurants and bars.
100 metres from tennis courts
Minutes walk to picturesque Shelly Beach
Easy walk to a further five secluded harbour side beaches
Level 3 minute walk from Manly Wharf and buses, 15 minutes on the fast ferry or 30 minutes on the ferry from the city
10 minutes drive from Warringah Mall.
30 minutes drive from the city
LIFESTYLE
Watch the sunrise, walk the beach or surf the waves at dawn, try breakfast at one of the trendy beachside cafes, explore the numerous walks across secluded harbour side beaches, lunch by the wharf and harbour perhaps, watch the endless activities and world go by along The Corso, maybe a quick trip into the city by fast ferry (14mins) or ferry (30 mins),

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