57 The Corso,
Manly, NSW 2095
Shops & Retail
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Belle Property Commercial - Northern Beaches
12 Howard AvenueDEE WHY, NSW 2099
57 The Corso
Manly, NSW 2095
Map of 57 The Corso
Bus stops within 5 km of 57 The Corso, Manly, NSW 2095 Distance North Steyne Opp Raglan St 156 m Manly Wharf, Belgrave St, Stand H 181 m Manly Tennis Club, Belgrave St 216 m South Steyne Opp Victoria Pde 254 m Manly Wharf, East Esplanade, Stand C 271 m POWERED BY HERE ©
POWERED BY HERE ©
Rare Generational Investment Opportunity to secure a Prime Building on The Corso, Manly.
- Located on the Iconic Manly Corso
- Mixed Use Retail and Commercial Office
- Full Occupancy : 3 Seperate Tenancies
Belle Property Commercial Northern Beaches, serving as the exclusive sales agent, proudly introduces 57 The Corso, Manly, to the market. Buildings of this calibre are rarely available, this two-storey, multi-tenanted retail freehold building is a once-in-a-generation opportunity in the heart of the highly coveted Manly Corso Shopping Strip, recognized as one of the nation's most sought-after locations.
Taking full advantage of the Corso's popularity, with over two million annual visitors traveling from the ferry wharf to the beach, this property boasts a rich retail history. Anchored by major retailers such as Elements, Hurley, and Tiger Lily over the last 25 years, the ground floor is currently tenanted by Budgy Smuggler, the iconic Australian swimwear brand. A separate tenancy at the rear connects to 42 Market Lane, while the first floor is designated for commercial office use.
Fully leased, the property generates a sustainable income of $315,843 per annum + GST. Moreover, there's a significant value-add opportunity with the potential for an additional setback 3rd level, suitable for either residential or commercial office space. With convenient access to public transport and major arterial roads, the suburb's connectivity to Sydney's commercial centers is robust. The regular ferries from Manly Wharf to the Sydney CBD enhance the property's accessibility, making it a strategic and lucrative investment.
• Once in a Generation Opportunity
• Land Size – 156m2
• Net Lettable Area - Ground Floor 125m2 + First Floor 105m2
• Current Gross Income : Approximately $315,843 per annum + GST
• Mixed Use Retail & Office Tenancies.
57 The Corso, Manly will be sold by Public Auction on 29th May at the Belle Property Gala Auction evening commencing 6pm at the Long Reef Gold Club (livestream & telephone bidding available) Inspections to be held by private appointment. Please enquire directly with the exclusive agents below to arrange a private viewing.
George Malouf
M 0410 686 129
E George.Malouf@belleproperty.com
James Willing
M 0424 190 5...
E James.Willing @belleproperty.com
Taking full advantage of the Corso's popularity, with over two million annual visitors traveling from the ferry wharf to the beach, this property boasts a rich retail history. Anchored by major retailers such as Elements, Hurley, and Tiger Lily over the last 25 years, the ground floor is currently tenanted by Budgy Smuggler, the iconic Australian swimwear brand. A separate tenancy at the rear connects to 42 Market Lane, while the first floor is designated for commercial office use.
Fully leased, the property generates a sustainable income of $315,843 per annum + GST. Moreover, there's a significant value-add opportunity with the potential for an additional setback 3rd level, suitable for either residential or commercial office space. With convenient access to public transport and major arterial roads, the suburb's connectivity to Sydney's commercial centers is robust. The regular ferries from Manly Wharf to the Sydney CBD enhance the property's accessibility, making it a strategic and lucrative investment.
• Once in a Generation Opportunity
• Land Size – 156m2
• Net Lettable Area - Ground Floor 125m2 + First Floor 105m2
• Current Gross Income : Approximately $315,843 per annum + GST
• Mixed Use Retail & Office Tenancies.
57 The Corso, Manly will be sold by Public Auction on 29th May at the Belle Property Gala Auction evening commencing 6pm at the Long Reef Gold Club (livestream & telephone bidding available) Inspections to be held by private appointment. Please enquire directly with the exclusive agents below to arrange a private viewing.
George Malouf
M 0410 686 129
E George.Malouf@belleproperty.com
James Willing
M 0424 190 5...
E James.Willing @belleproperty.com
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504569116Last Updated: 17 Apr 2024
Belle Property Commercial - Northern Beaches12 Howard Avenue
DEE WHY, NSW 2099
DEE WHY, NSW 2099
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.