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Prime Retail Asset with International Tenant

Located on The Corso in Manly, the property lies within one of the best-known retail strips in Australia, connecting the Manly Wharf to the iconic Manly Beach. Well known neighbouring brands on The Corso include: Tiger Lily, Oakley, Quicksilver, Tommy Bahama, Starbucks and Kids Stuff.

This property represents a rare opportunity to purchase what is one of the premier retail frontages in Manly. Currently tenanted by the Internationally known brand “Billabong”, who has been a tenant in the property for the last 8 years and become a staple in the retail scene in Manly.

The property also offers flexibility in the future for being reconfigured and divided into several smaller retail frontages, due to its impressive retail frontage onto The Corso. To the prudent investor this flexibility for design and tenancy options safeguards and futureproofs the property into the coming years, offering significant upside in rental return within these potential reconfigurations.

* Internal Strata Area - 441m2
* Annual Net Income - $577,033.56
* Zoning - B2 Local Centre
* Method of Sale - Expressions of Interest (EOI), closing 4:00pm on the 6th November.

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12 Howard Avenue, Dee Why NSW 2099

Property information

Property ID
1300508
Property Type
Commercial
Type
For Sale
Category
Retail
Building Size
441.00m2
Inspect
By Appointment
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Thank you for your interest in 1/63-67 The Corso, MANLY NSW 2095.
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