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Shop 3/1-5 The Corso Manly NSW 2095

  • Shop & Retail
  • 113 m²
  • For Sale, $2,995,000

Supremely located 113sqm shop with wide glass frontage on The Corso Manly

Seize an unparalleled opportunity to owner occupy a prime slice of Manly's iconic The Corso, a bustling pedestrian and retail mall that connects Sydney Harbour and Manly Wharf to Manly's world-famous ocean beach.

First time offered in over 20 years. Currently a well-known bakery 'The Corso Bakehouse" and late-night takeaway icon, it features an impressive wide 5m metre street frontage covered outside by a wide awning with 60sqm of ground floor space plus a 53sqm mezzanine currently being used as a kitchen area.

It presents a rare entry-level opportunity for owner occupiers or investors to buy into one of Sydney's most highly-prized and tightly-held retail malls in one of Australia's most sought-after travel destinations frequented by over 8 million locals and tourists every year.

Do not miss this opportunity to buy this shop as there are very few sold in Manly in general and in particular on the golden strip that is the Corso.

Features
* Attractive high shop front with exceptional signage
* Large windows with exposure to literally millions of potential customers every year
* Rare entry-level opportunity to secure retail/food and beverage shopfront on Manly's tightly-held The Corso
* Vibrant pedestrian mall that links Sydney Harbour and Manly Wharf to the internationally-famous Manly Beach
* The Corso is frequented by a burgeoning local population, interstate and international visitors with exposure to approximately 2.5 million visitors per annum
* On Strata there is 60sqm ground floor space and 53sqm mezzanine area with kitchen, exhaust and possibility for grease trap
* Wide awning outside the shop offers shelter from rain, shade from the sun and excellent signage opportunity
* Long-standing tenant of over 20 years (The Corso Bakehouse) there is potential opportunity to owner occupy the space
* Existing bakehouse thrives through the day and has been a late-night refuel institution
* Both levels are accessible via rear foyer
* Garbage storage out the back with side street access
* Internal toilet
* Street parking right out front plus multi-level parking station directly behind

Location;
Anyone living in Manly or the surrounding areas knows the shop, and everyone coming by ferry to Manly will pass it at some stage in its position on Manly's main pedestrian ferry-to-the-beach thoroughfare.

Call Vincent West on 0403 444 000 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

Property Highlights

Property ID2016044781
Floor Area113 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Jun 2020
Map for Shop 3/1-5 The Corso Manly NSW 2095
Map for Shop 3/1-5 The Corso Manly NSW 2095Shop 3/1-5 The  Corso Manly NSW 2095
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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