MANLY NSW 2095
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- 30 Sep 2016
Manly Retail Investment
First National Real Estate Dee why is delighted to offer this outstanding Manly investment for sale.
Secured by a well established long standing tenant, this strata property offers much more than a solid investment for the new owner.
Manly is well known as one of Sydney's most prominent property capital growth suburbs. Both residential and commercial properties are recognized by astute investors as secure capital growth investments.
In relation to the passing population growth of Manly on a daily basis, compared to the limited availability of quality retail space, The Corso, Manly is a proven success formula for all retail property investors.
Dining establishments, major fast food outlets, Confectionery retailers, gelato/ice-cream, coffee houses and private enterprise eateries are always sourcing available properties to establish new outlets or extend their current operation.
A few key features are
+ Long standing, well established cafe/restaurant
+ 80 sqm strata area
+ New 5 year lease plus options
+ Base rent $150,000 pa net + GST
+ Annual reviews
+ Gateway to Manly Corso
+ Impressive 2 level property
+ Well maintained building
For further details contact Joseph Parisi
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information