This boutique asset offers a lettable area of 62sqm retail or commercial space. Situated on one of the busiest streets of Manly - Belgrave Street and directly opposite Manly Oval, the property would suit long -term investor.
Providing excellent exposure to high volumes of daily passing traffic, with thousands of vehicles travel daily, Belgrave Street is a busy thoroughfare to the Northern Beaches suburbs. The central position is strengthened by its proximity to Manly Wharf, Manly Bus terminal, Council public car parking facilities, The Corso and Sydney Road. The location provides easy access to the property by both pedestrian and vehicular traffic.
Offering 62sqm* of ground floor commercial space with an open plan layout, the space allows for flexibility in usage. Included are kitchenette and bathroom facilities, air-conditioning and natural lighting.
Property Highlights:
62sqm*
Current rental $55,000 + GST gross with 4% annual increases
3 + 3 years brand new lease
Hardwood flooring throughout & internally controlled air conditioning
Kitchenette and bathroom facilities
Natural Light
Fantastic Exposure & Branding Opportunity
Close to all amenities that Manly has to offer including banks, abundant council parking, local and international customers.
Outgoings:
Strata $12,000 per annum
Council $2,435 per annum
Water rates $640 per annum
*all figures are approximate
Inspections are strictly by appointment only. For further information please contact Klaudia Brown on 0438 363 007
The size of Manly is approximately 5.6 square kilometres. It has 19 parks covering nearly 47.5% of total area. The population of Manly in 2016 was 15866 people. By 2021 the population was 16296 showing a population growth of 2.7% in the area during that time. The predominant age group in Manly is 30-39 years. Households in Manly are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Manly work in a professional occupation.In 2021, 46.10% of the homes in Manly were owner-occupied compared with 45.70% in 2016.
Manly has 11,222 properties. Over the last 5 years, Houses in Manly have seen a 38.74% increase in median value, while Units have seen a 15.37% increase. As at 31 March 2026:
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