BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Rare Mixed Use Opportunity | Manly\nLocated on Pittwater Road a t the North Steyne/Queenscliff end of Manly\, this prime position sits jus t moments from Harris Farm\, North Steyne Emporio and Ruby Lane. As a majo r gateway into Manly\, the property benefits from strong exposure to both local residents and daily commuters.\n\n196 Pittwater Road\, presents a ra re opportunity to acquire a multi tenanted commercial/residential investme nt situated in Manly. The asset occupies a prominent location\, with high visibility\, strong foot traffic and local patronage within an established neighbourhood retail precinct.\n\nThe property comprises two established retail tenancies and one self-contained residential apartment - a well-pre sented two-bedroom residence\, with clear span access at the rear. The pro perty enjoys generous natural light. \n\nLocated behind the retail space a nd accessible from the rear is the residential accommodation. This apartme nt features 2 spacious bedrooms on the top floor and one bathroom\, a larg e kitchen and a living room on the lower level. \n\nThe building is set ab out 9 metres back form from the Pittwater Road boundary and comprises a Pi zza shop (Shop 1\, Lot 1) and a Hair Dressing Studio (Shop 2\, Lot 2)\neac h occupying a standard lock-up shop of 36m2 with one parking space per sho p.\n\nThe first floor residential unit provides a standard shop-top dwelli ng with two bedrooms\, one bathroom\, separate kitchen and a combined loun ge and dining room.\n\nThe unit also includes an entry courtyard\, entry p orch\, balcony and single car space.\n\n360 sqm Land | 252 sqm Total Strat Area * Approximate.\n\nAddress 1\, 2 AND 3 / 196 PITTWATER ROAD MANLY NSW \n\nLot 1 - 30 : 100\, Lot 2 - 30 : 100 and Lot 3 - 40 : 100\n\nShop 1\, L ots 1 Pizza Shop\nTenant Samual Gregg\nRent Current advised at $31\,486 per annum plus\nGST.\nTerm Expired 16 August 2026. No further option for \nrenewal.\n\nShop 2\, Lots 2 Hair Dressing Studio\nTenant Martin and Ma ria Day\nRent Current rent calculated at $33\,037.24 per\nannum plus GST\ nTerm 1/12/2024 to 30/11/2027 (no further option and\nadvised 'demolition ' clause is in place).\nAnnual increases at CPI.\nOutgoings Tenant to nil outgoings.\n\nResidential Unit\, Lots 3 Ana Flavia Nogueira\nRent Curre nt rent calculated at\n$22\,942.86 per annum\nTerm Holding Over. Tenancy Agreement Expired\n26/6/2023.\nOutgoings Nil recoverable but for Water Us age.\n\nSummary:\n\nIncome \n\nLot 1 - $31\,486\nLot 2 - $33\,037.24\nLot 3 - $22\,942.86\nTotal - $87\,466.1 pa\n\nOutgoings:\n\nLot 1 - Total - $6 \,147.2\nLot 2 - Total - $6\,989\nLot 3 - Total - $9\,088.84\nTotal - $22\ ,225.04\n\nTotal Income - $87\,466.1 pa. Outgoings - $22\,225.04 Total Net Income - $65\,241.06\n\nExpressions Of Interest closing 8th September 202 6 - 4pm (AEST) *Unless sold prior. DTEND:20260908T000000 DTSTAMP:20260811T030107Z DTSTART:20260908T000000 SEQUENCE:0 SUMMARY:Expression Of Interest: Whole Building Lot 1\, 2 & 3/196 Pittwater Rd\, Manly NSW UID:CRE-2021063657-EOI X-ALT-DESC;FMTTYPE=text/html:

Rare Mixed Use Opportunity | Manly Located on Pittwater Road at the North Steyne/Queenscliff end of Manly \, this prime position sits just moments from Harris Farm\, North Steyne E mporio and Ruby Lane. As a major gateway into Manly\, the property benefit s from strong exposure to both local residents and daily commuters.

196 Pittwater Road\, presents a rare opportunity to acquire a multi tenanted commercial/residential investment situated in Manly. The asset o ccupies a prominent location\, with high visibility\, strong foot traffic and local patronage within an established neighbourhood retail precinct. < br/>
The property comprises two established retail tenancies and on e self-contained residential apartment - a well-presented two-bedroom resi dence\, with clear span access at the rear. The property enjoys generous n atural light.

Located behind the retail space and accessible from the rear is the residential accommodation. This apartment features 2 spacious bedrooms on the top floor and one bathroom\, a large kitchen and a living room on the lower level.

The building is set about 9 metres back form from the Pittwater Road boundary and comprises a Pizza shop (Shop 1\, Lot 1) and a Hair Dressing Studio (Shop 2\, Lot 2)
e ach occupying a standard lock-up shop of 36m2 with one parking space per s hop.

The first floor residential unit provides a standard sho p-top dwelling with two bedrooms\, one bathroom\, separate kitchen and a c ombined lounge and dining room.

The unit also includes an ent ry courtyard\, entry porch\, balcony and single car space.

36 0 sqm Land | 252 sqm Total Strat Area * Approximate.

Address 1\, 2 AND 3 / 196 PITTWATER ROAD MANLY NSW

Lot 1 - 30 : 100\, Lot 2 - 30 : 100 and Lot 3 - 40 : 100

Shop 1\, Lots 1 Pizza Shop
Tenant Samual Gregg
Rent Current advised at $31\,486 p er annum plus
GST.
Term Expired 16 August 2026. No further op tion for
renewal.

Shop 2\, Lots 2 Hair Dressing Studio
Tenant Martin and Maria Day
Rent Current rent calculated at $33\,037.24 per
annum plus GST
Term 1/12/2024 to 30/11/2027 (no further option and
advised 'demolition' clause is in place).
Annual increases at CPI.
Outgoings Tenant to nil outgoings.

Residential Unit\, Lots 3 Ana Flavia Nogueira
Rent Curren t rent calculated at
$22\,942.86 per annum
Term Holding Over. Tenancy Agreement Expired
26/6/2023.
Outgoings Nil recoverab le but for Water Usage.

Summary:

Income

Lot 1 - $31\,486
Lot 2 - $33\,037.24
Lot 3 - $22\,942.86
Total - $87\,466.1 pa

Outgoings:

Lot 1 - Total - $6\,147.2
Lot 2 - Total - $6\,989
Lot 3 - Total - $9\, 088.84
Total - $22\,225.04

Total Income - $87\,466.1 pa . Outgoings - $22\,225.04 Total Net Income - $65\,241.06

Expr essions Of Interest closing 8th September 2026 - 4pm (AEST) *Unless sold p rior.

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