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Upstate - Northern Beaches

8/54 West Esplanade Manly, NSW 2095

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8/54 West Esplanade,
Manly, NSW 2095

Shop & Retail

Price information

Sale

For Sale - $2,995,000

Key property information

Floor area

Tenure type

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to arrange a private inspection.
Upstate - Northern Beaches
Vincent West
Oliver Rosati

Upstate - Northern Beaches

Suite 15, Level 1, 888 Pittwater Road
DEE WHY, NSW 2099
Upstate - Northern Beaches
8/54 West Esplanade
Manly, NSW 2095

Map of 8/54 West Esplanade

Directions
  • Bus stops within 5 km of 8/54 West Esplanade, Manly, NSW 2095Distance
    Manly Wharf, East Esplanade, Stand C68 m
    Manly Wharf, West Promenade, Stand J110 m
    Manly Wharf Hotel, East Esplanade207 m
    West Esplanade Opp Manly Art Gallery220 m
    Manly Wharf, Belgrave St, Stand H241 m
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POWERED BY HERE ©

Premium Corner Retail Investment – Brand New 5 Year Lease - 4.88% Yield

Seize an unparalleled opportunity to invest into the very tightly held Manly retail market with this outstanding shop in an exceptionally well maintained building. This shop offers the exposure and presence that any business would benefit from.

Iconic tenancy in place – Cranium Hair, with over 25 years of trading history in this same position. The shop boasts an excellent corner position fronting Belgrave Street with exposure to pedestrians and vehicles all day long. A rare opportunity to buy into Manly's bustling retail and commercial precinct – located just across the road from The Corso and Manly Wharf providing excellent access to locals and tourists alike.

Do not miss this opportunity to buy a solid investment in the highly desirable Manly precinct!

* Secure, established tenant on a new 5+5 year lease with 3% reviews, 3 month security deposit and personal guarantees
* Internal area: 127m2
* 1 car space that fits 2 cars
* Fantastic exposure and signage opportunities
* Floor to ceiling windows on two sides allowing an abundance of natural light
* Large windows with exposure to literally millions of potential customers every year
* Exclusive use of undercover area in front of the shop included
* Vibrant pedestrian mall that links Sydney Harbour and Manly Wharf to the internationally-famous Manly Beach only metres away
* Ducted air-conditioning and premium lighting throughout
* Wide undercover awning outside the shop offers shelter from the elements
* Long-standing business (operating for over 25 years in the space) – Cranium Hair
* Large loading dock with easy access in the building
* Level access off the street into the property
* High end, premium fit out for the tenancy
* Internal amenities and kitchenette
* Futureproof with access to exhaust & grease trap
* On-site building manager
* Street parking options on Belgrave Street or just around the corner in neighbouring streets
* Public car park located directly under the building
* Net rent $146,050 + GST per annum.
* Outgoings per annum: $14,920 approx.

Conveniently positioned on the bustling corner of Belgrave Street that is close by to The Corso, Manly Wharf and to the internationally-famous Manly Beach. Invest right in the hustle or bustle of Manly with all the benefits that come with it. Only minutes from well known cafes, restaurants, bars, post office, council, parking stations, buses and banks.

Call Vincent West on 0403 444 0... or Oliver Rosati 0428 877 8... today for your inspection.

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Additional information

Property ID: 504055927Last Updated: 21 May 2022

Upstate - Northern Beaches
Suite 15, Level 1, 888 Pittwater Road
DEE WHY, NSW 2099
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