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DESCRIPTION:Trophy Manly Healthcare Investment | Long 7.55 Year WALE\nCBRE 
 are pleased to present to the market an exceptional fully leased investmen
 t opportunity\, located at 32 The Corso\, Manly NSW\, for sale via Investm
 ent Portfolio Auction 189.\n\nThe property has the following key investmen
 t highlights:\n\n+ Important mix of brand new net-leases up to 2036\, plus
  options extending to 2051\n+ Fully leased multi-tenanted investment offer
 ing security through diverse income streams\n+ Underpinned by global ugg-b
 oot brand 'UGG'\, high-end recovery and wellness centre 'XtraClubs' and a 
 22-location medical operator 'Nuvo Health'\n+ Landlord friendly net lease 
 terms across all leases\, as per leases\n+ Attractive annual rental increa
 ses up to 4%\, ensuring compounding income growth\n+ High profile 664sqm* 
 freehold landholding improved by 765sqm* of building area across multiple 
 levels\n+ One of the largest freehold parcels of land along the Manly Cors
 o with a valuable alleyway\n+ Dynamic E1 Local Centre zoning\, with 15m* h
 eight limit and an FSR of 3:1\, providing future development upside (STCA)
 \n+ Strategic positioning along Manly Corso\, a pedestrianised retail prec
 inct anchored by Coles and community amenities including the Ivanhoe Hotel
  and Hotel Steyne\n+ Rare positioning just 300m* to the world famous Manly
  Beach\, attracting approximately 9 million people per annum¹\n+ Prestigi
 ous housing market in Manly with median house price of $5\,012\,500 growin
 g 10% in 12 months\, leading to a booming retail & hospitality precinct²\
 n+ Manly: important position in the lucrative Northern Beaches council\, w
 ith a Gross Regional Product of $22.6b and a growing population of 272\,65
 6³\n+ Net Income: $858\,269* pa + GST\n\nTo be sold via Investment Portfo
 lio Auction\n10:30am AEDT Tuesday 8 December 2027\nYallamundi Rooms\, Sydn
 ey Opera House\n\n1 Manly Council\n2 ***\n3 Economy.id
DTEND:20261208T113000
DTSTAMP:20261113T175252Z
DTSTART:20261208T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 32 The Corso\, Manly NSW
UID:CRE-2021191304-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Trophy Manly Healthcare Investment | 
 Long 7.55 Year WALE <br/> CBRE are pleased to present to the market an exc
 eptional fully leased investment opportunity\, located at 32 The Corso\, M
 anly NSW\, for sale via Investment Portfolio Auction 189. <br/>  <br/> The
  property has the following key investment highlights: <br/>  <br/> + Impo
 rtant mix of brand new net-leases up to 2036\, plus options extending to 2
 051 <br/> + Fully leased multi-tenanted investment offering security throu
 gh diverse income streams <br/> + Underpinned by global ugg-boot brand 'UG
 G'\, high-end recovery and wellness centre 'XtraClubs' and a 22-location m
 edical operator 'Nuvo Health' <br/> + Landlord friendly net lease terms ac
 ross all leases\, as per leases <br/> + Attractive annual rental increases
  up to 4%\, ensuring compounding income growth <br/> + High profile 664sqm
 * freehold landholding improved by 765sqm* of building area across multipl
 e levels <br/> + One of the largest freehold parcels of land along the Man
 ly Corso with a valuable alleyway <br/> + Dynamic E1 Local Centre zoning\,
  with 15m* height limit and an FSR of 3:1\, providing future development u
 pside (STCA) <br/> + Strategic positioning along Manly Corso\, a pedestria
 nised retail precinct anchored by Coles and community amenities including 
 the Ivanhoe Hotel and Hotel Steyne <br/> + Rare positioning just 300m* to 
 the world famous Manly Beach\, attracting approximately 9 million people p
 er annum¹ <br/> + Prestigious housing market in Manly with median house p
 rice of $5\,012\,500 growing 10% in 12 months\, leading to a booming retai
 l & hospitality precinct² <br/> + Manly: important position in the lucrat
 ive Northern Beaches council\, with a Gross Regional Product of $22.6b and
  a growing population of 272\,656³ <br/> + Net Income: $858\,269* pa + GS
 T <br/>  <br/> To be sold via Investment Portfolio Auction <br/> 10:30am A
 EDT Tuesday 8 December 2027 <br/> Yallamundi Rooms\, Sydney Opera House <b
 r/>  <br/> 1 Manly Council <br/> 2 *** <br/> 3 Economy.id</P></body></html
 >
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