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CBRE - Sydney North
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239 Pittwater Road Manly, NSW 2095

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For Sale - Expression of Interest

239 Pittwater Road
Manly, NSW 2095

Medical & Consulting • Other
Sale Price

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Land area

1901.0m²

Floor area

2994.0m²

Tenure type

Tenanted Investment

BRAND NEW TWO (2) LEVEL COMMERCIAL INVESTMENT WITH 46 BASEMENT CAR PARKS

  • New 15 year lease
  • Net Income: $1,200,000* pa + GST
  • Fixed 3% annual rent increases
CBRE Healthcare and Social Infrastructure are pleased to offer for sale the National Education Portfolio, comprising of seven (7) premium investments in Australiaʼs most sought after Capital Cities.

Features of 239 Pittwater Road, Manly include:

+ New 15 year lease to Little Lane to 2034 plus options to 2064

+ Net Income: $1,200,000* pa + GST

+ Premium 186 place child care centre of 2,994sqm* currently under construction due for completion December 2019

+ Fixed 3% annual rent increases  

+ Tenant pays all outgoings including CAPEX and Land Tax

+ Long-standing, premium early education provider with 23 centres nationally

+ Highly valuable landholding with median house price growth of 104.2% in the past eight (8) years

+ Significant income tax depreciation benefits of $13,886,453

+ Zoned General Residential, 12km* from the Sydney CBD
 
239 Pittwater Road, Manly will be sold via International Expressions of Interest closing on Thursday 31st October at 2:00pm

For information please contact the exclusive sales and marketing agents:

Sandro Peluso
+61 418 389 757

Josh Twelftree
+61 452 524 985

Toby Silk
+61 422 143 813

Aaron Arias
+61 403 674 599

*Approx

Property ID: 503344606Last Updated: 17 Oct 2019

CBRE - Sydney North
239 Pittwater Road
Manly, NSW 2095
Toby Silk
Aaron Arias

CBRE - Sydney North

Level 29, 177 Pacific Highway
NORTH SYDNEY, NSW 2060

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CBRE - Sydney North

Level 29, 177 Pacific Highway
NORTH SYDNEY, NSW 2060
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Toby Silk

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Toby Silk
CBRE - Sydney North
239 Pittwater Road Manly, NSW 2095

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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