32 The Corso Manly NSW 2095

Shop & Retail
815 m²
Sold

Once in a generation opportunity!

Australia's most desirable suburb
15 year lease to 2024 + options to 2044
Net Income $994,380 approx

Cushman & Wakefield and Pine Property are pleased to present to the market 32 The Corso Manly NSW for sale. The property is leased to one of Australia’s ‘Big 4 Banks’ and located within the heart of one of Sydney’s most iconic suburbs - Manly.

The property has the following key characteristics:

• Renewed 15 year lease to December 2024 + options to 2044
• Westpac Banking Corporation (WBC) - ASX listed company with a market capitalisation of $95 Billion*
• Freehold 2 storey property situated in one of Australia’s most desirable and iconic locations
• Long standing tenant in occupation 40+ years
• Manly: attracts over 8 million visitors every year. Manly Wharf and the shores of Manly Beach boost an exceptional level of exposure for the property with high volumes of pedestrian traffic.
• Tenant pays all outgoings
• 4% annual rent increases
• Net Income $994,380 pa + GST*
*Approx.

For more information about the property or to organise an inspection, please contact the exclusive agents.

Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	27 Sep 2019
Floor Area	815 m²
Land Area	664 m²
Parking	On street parking
Property ID	2015319546
Category	Shop & Retail Offices Other
Last updated	30 Sep 2019

Map for 32 The Corso Manly NSW 2095

Nearest transport* to 32 The Corso Manly NSW 2095

Bus

Train

Tram

Ferry

Manly Wharf Hotel, East Esplanade	140 m
Manly Wharf, East Esplanade	146 m
Manly Wharf, Belgrave St	167 m
Manly Wharf Stand J	200 m

*Within a 4km radius

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Cushman & Wakefield Sydney

Level 22/1 O'Connell St

Sydney, NSW 2000

Property Highlights

Date Sold	27 Sep 2019
Floor Area	815 m²
Land Area	664 m²
Parking	On street parking
Property ID	2015319546
Category	Shop & Retail Offices Other
Last updated	30 Sep 2019

Co-Agents

Ryan Cross

Cushman & Wakefield Sydney

Call

0402 147 124

Patrick Kelleher

Pine Property

Call

0414 300 806

More about 32 The Corso Manly NSW 2095

32 The Corso Manly NSW 2095 is categorized as Shop & Retail Property. It has a floor area of 815 m² and a land area of 664 m². The listing ID for this property is 2015319546.