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Colliers - Sydney North

291 & 293 Condamine Street Manly Vale, NSW 2093

291 & 293 Condamine Street,
Manly Vale, NSW 2093

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Colliers - Sydney North
Tom Appleby

Colliers - Sydney North

Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
04056936...
Colliers - Sydney North
291 & 293 Condamine Street
Manly Vale, NSW 2093

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TWO ADJOINING FREEHOLD INVESTMENTS

  • 4 (-6) Diverse Income Streams
  • Multiple Value-Add Propositions
  • 1.3km* - Future Beaches Link entry/exit
Colliers is excited to present For Sale 291 & 293 Condamine Street, Manly Vale. Perfectly positioned in a booming Lower Northern Beaches market, these two adjoining three-level mixed use freehold investments consist of 2 retail shops + 4 spacious apartments.

Key Highlights:
• Secure $137,448* net income per annum
• Fully leased, offering diverse income streams with staggered lease expiries
• Credible rental reversion
• Multitude of value-add propositions; potential to refurbish, develop, sub-divide and/or strata sub-divide/sell down (STCA)
• East West facing with excellent natural light throughout residential tenancies
• Excellent Condamine Street exposure to over 43,000 cars/day (RMS 2019)
• 50m* from B-Line bus stops
• 1.3km* from future Northern Beaches Tunnel Link entry/exit
• Close proximity to an abundance of retail amenity/premium retailers

For Sale in-one-line via Expressions of Interest closing 3pm Thursday 8 April 2021 (AEST).

For further information and/or to arrange an inspection, please call the vendor’s exclusive selling agents.

*approx.

Property ID: 503261830Last Updated: 3 Nov 2023

Colliers - Sydney North
Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
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