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367 Pittwater Road North Manly NSW 2100

  • Factory, Warehouse & Industrial
  • 410 m²
  • For Sale, Offers over $3,600,000

Mixed Use Tenanted Investment - Circa 5% Net

    Comprising of a mechanical workshop, design studio, and 2 x loft style apartments, this fantastic mixed-use property only a stones' throw from Manly is an opportunity not to be missed!

    Sit on a passive income of $180,000 + GST Net pa, occupy an iconic location moments from Manly, or develop, the choice is yours!

    Features:
    * Circa 5% Net Return!!
    * Land Area: 799sqm - R2 Zoning
    * Building Area 410sqm
    * 5 + 5 Year Lease Available
    * Long Standing Tenant Over 20 Years!!
    * Corner Location
    * Annual Rent $180,000 + GST Net
    * 3.5% Fixed Annual Reviews
    * Water Rates: $3,822
    * Council Rates: $6,165
    * Land Tax: $8,840
    * Insurance: $1,873
    * Land Value $1,230,000 (2019 single holding)
    * 100% of Outgoings paid by Lessee
    * Occupiers & Developers ENQUIRE NOW!

    Boosting an iconic location on the corner of Pittwater Road and Lakeside Crescent this fantastic property is only moments from Manly, Freshwater and Curl Curl. With easy access to Brookvale, Mosman and Sydney CBD this is not an opportunity to be missed.

    Call Aleks Lukich on 0419 011 211 today for your inspection

    **All rentals are per annum and quoted areas and outgoings are approximations**

    Property Highlights

    Property ID2016560898
    Floor Area410 m²
    Land Area799 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  16 Dec 2020
    Map for 367 Pittwater Road North Manly NSW 2100
    Map for 367 Pittwater Road North Manly NSW 2100367 Pittwater Road North Manly NSW 2100
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016560898
    Floor Area410 m²
    Land Area799 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  16 Dec 2020
    Upstate
    Level 1, Suite 15/888 Pittwater Rd Dee Why NSW 2099

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