Sold

79-89 Pittwater Road, Manly

Retail

Once In A Lifetime Investment Opportunity
This landmark C1923 commercial and residential building is a rare investment opportunity in the heart of Manly, occupying an impressive 753sqm of land. Offering solid rent returns from two large retail shops, 6 two-storey terrace apartments, a self-contained commercial office plus two lock up garages.

Prime location with fantastic window exposure
Versatile retail spaces, long term tenants
A mix of renovated and unrenovated apartments
Potential for strata sub division
Free standing building on a corner block with three street access
Footsteps to Manly Beach, wharf, transport and restaurants
Net Return of approx $219,476 pa with further potential to increase rental yield

Land size 753sqm
Council Rates $11,700pa
Water Rates $5,600
Land Tax $33,257pq
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