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63 Cambridge Parade Manly, QLD 4179

Directions

63 Cambridge Parade,
Manly, QLD 4179

Shops & Retail • Other

Price information

Sale

Offers Over $1.6m

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$54,305
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.

Map of 63 Cambridge Parade

Directions
  • Train stations within 5 km of 63 Cambridge Parade, Manly, QLD 4179Distance
    Manly Station500 m
    Wynnum Central Station1.7 km
    Lota Station1.8 km
    Wynnum Station2.4 km
    Wynnum North Station3.2 km
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  • Bus stops within 5 km of 63 Cambridge Parade, Manly, QLD 4179Distance
    Cambridge Pde at Manly Village96 m
    Esplanade at Manly Baths159 m
    Ferguson St at Richard Russell Park206 m
    Royal Esp at Manly Baths221 m
    Nelson Pde at Boswell Terrace318 m
    POWERED BY HERE ©
POWERED BY HERE ©

FREEHOLD COMMERCIAL SITE ON CAMBRIDGE PARADE

- High-traffic site in the heart of Manly.
- Successful cafe on a periodic lease.
- 458sqm block with demolition/development potential (STCA).
- Full info pack available on request.
- GST unlikely to be applicable to purchase - enquire for further detail.

Best Offers By 4pm - 9th February 2024. Seller reserves the right to sell prior to end date.
Situated in the heart of Manly on Cambridge Parade, this freehold commercial property presents an incredible opportunity for investors, developers or owner occupiers. This block and building are in one of the most tightly held areas of the Bayside, this one having been in one family for over 50 years.

A 140sqm* internal site with addition 30sqm* useable external space on a 458sqm block, the property is currently rented on a periodic lease and occupied by a successful cafe that has become an institution on the street.

Residing in a high-exposure area with plenty of foot traffic and a wide 11-metre frontage, the property offers outstanding appeal. Featuring the perfect configuration for a cafe, bar or restaurant, the existing layout features a kitchen, storeroom, toilets, takeaway window and a spacious dining room opening to the bay breezes and bustling ambience of Cambridge Parade. A private driveway accesses the rear of the block, featuring parking for multiple vehicles.

Offering endless opportunities, the option exists to retain the existing building, renovate or knock down and redevelop (STCA). With plans drawn for a new multi-use site featuring a commercial space downstairs and 2 apartments upstairs, the land parcel presents exceptional future potential.

Freehold properties of this kind and in this position are truly rare, so don’t miss your chance to secure this spectacular holding in Manly’s beautiful bayside.

Key features include:
- Freehold building in the heart of Manly
- 458sqm block with wide 11-metre frontage
- High-traffic area on Cambridge Parade
- Periodic lease for a successful cafe
- Cafe dining room, kitchen, storeroom and toilet
- Stacker windows/doors and servery window for takeaways
- Driveway with side access for rear parking
- Outstanding development potential for a multi-use space
- Plans drawn for a commercial building and 2 apartments

*measurements approximate.

Please contact agent for rental appraisal.

Disclaimer: This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property ID: 504494408Last Updated: 24 Feb 2024

04124493...
realcommercial.com.au logo
63 Cambridge Parade
Manly, QLD 4179
Bayside Property Agents - QLD
7/112 Birkdale Rd
BIRKDALE, QLD 4159
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