267 Condamine Street Manly Vale NSW 2093

CBRE, as the exclusive selling agent, is pleased to present 267-269 Condamine Street, Manly Vale to market. This residential development opportunity is located at the gateway to the Northern Beaches. Tenanted until 2028 yet featuring a six-month demolition clause, the property provides income security to obtain approvals or land bank for future development.

267-269 Condamine Street, Manly Vale benefits from the following key attributes:
Large land size: 1,069sqm*
B2 Local Centre zoning
Favourable planning contorls, allowing for shop top housing (STCA)
Opposite Manly Vale B-Line Rapid Bus Station offering express services to the Sydney CBD
Leased to Best Furniture Group till 2028 with a six-month demolition clause
Net income of $280,226* per annum with tenant paying 100% of all outgoings
Premium Northern Beaches Gateway location
Within 300m* of Woolworths, Coles, Dan Murphy's, Bunnings and a future Aldi supermarket

*Approximate

For further information or to request a copy of the information memorandum, please contact:

Aaron Arias
0403 674 599

Toby Silk
0422 143 813

Nicholas Heaton
0408 025 097