79-89 Pittwater Road Manly NSW 2095

Savills and Pine Property are delighted to present 79-89 Pittwater Road, Manly for sale a landmark trophy asset just 150 metres* from Manly Beach.

- Generous 746.1sq m* site located in the heart of Manly
- Mixed-use asset with diversified income streams across residential, retail, and commercial tenancies
- Fully occupied, ensuring stable and secure income
- Prominent corner site with three street frontages, including extensive Pittwater Road frontage
- Significant value-add potential through various repositioning strategies

The property includes:
- Six terrace apartments: Five two-bedroom terraces and one four-bedroom terrace, all with spacious bedrooms, natural light, and private courtyards.
- Prime retail spaces: The retail component comprises strip retail shops leased to three tenants Assembly Label, Skittle Lane and Wilburs Deli. All shops enjoy prime street frontages to bustling Pittwater Road with strong visibility and pedestrian foot traffic, providing excellent brand exposure. All have excellent natural light and modern fit-outs.
- Commercial office: A self-contained two-storey office building leased to a reputable local architecture and interior design firm.
- Lock-up garage: A large lock-up garage under a separate lease.

Positioned on a 746.1sq m* corner site with three street frontages to Pittwater Road, Carlton Street, and Smith Lane, the property is located near iconic Manly Beach and surrounded by dining, entertainment, retail, and community amenities.

This is a rare opportunity with excellent long-term capital growth potential, driven by its prime location and potential to reposition and add value in a highly sought-after market.

(*Approx.)

79-89 Pittwater Road is offered for sale via Expressions of Interest, closing on Wednesday, 30 October 2024 at 4PM (AEDT)

For further information, please contact our team.