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Shops 1-7 25-27 South Steyne
Manly NSW 2095
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Sold on 9 Mar 2021

Shops 1-7 25-27 South Steyne Manly NSW 2095

  • Shop & Retail
  • 433 m²
  • Sold

TROPHY RETAIL CORNER INVESTMENT

  • Net Income: $731,161pa*
  • Total NLA of 433sqm*
  • Prime position opposite Manly Beach

CBRE as exclusive selling agents, under instructions from trustees, is pleased to present Shops 1-7, 25-27 South Steyne, Manly to be sold in-one-line. Situated on one of the most prominent corners of Manly, this trophy strata asset comprises five tenancies over seven lots. The property is currently fully leased, with International tenants Ben and Jerry's occupying the corner position. Other tenancies in the offering include Manly Fish Market, Manly Fish Café, Blind Barrel and Ezymart. Accordingly, the property presents a prime opportunity for investors to attain a secure investment that benefits from high foot traffic and tourist exposure. This exciting investment opportunity offers a net lettable area of 433sqm* directly next to the council carpark, which experiences high amounts of foot and vehicular traffic.

Shops 1-7, 25-27 South Steyne benefits from the following key attributes:
- 433sqm* of prime retail net lettable area
- Fully leased to 5 tenants, including international tenant Ben and Jerry's and national tenant Ezymart
- High exposure corner position opposite Manly Beach
- Situated on one of the busiest pedestrian intersections in Manly

Shops 1-7, 25-27 South Steyne, Manly will be sold via Public Auction on Tuesday, 9th of March 2021 at AuctionWORKS (live stream & online bidding available).

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold9 Mar 2021
Floor Area433 m²
Land Area433 m²
ParkingOn site parking available
Property ID2016804909
Category
Last updated  15 Mar 2024
Map for Shops 1-7 25-27 South Steyne Manly NSW 2095

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CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold9 Mar 2021
Floor Area433 m²
Land Area433 m²
ParkingOn site parking available
Property ID2016804909
Category
Last updated  15 Mar 2024

Co-Agents

Aaron Arias
Aaron Arias
CBRE Sydney
Call
+61 403 674 599
Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61408025097

More about Shops 1-7 25-27 South Steyne Manly NSW 2095

Shops 1-7 25-27 South Steyne Manly NSW 2095 is categorized as Shop & Retail Property. It has a floor area of 433 m² and a land area of 433 m². The listing ID for this property is 2016804909.

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