22 Raglan Street,
Manly, NSW 2095
Hotel, Motel & Leisure • Development Sites & Land • Shops & Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 22 Raglan Street
MANLY FREEHOLD - INVEST OR DEVELOP
- Manly Backpackers Hostel
- $407,622.62* pa passing income
- R3 - Medium Density Residential Zoning
CBRE, as the exclusive selling agent, is pleased to present a flexible investment in one of Australia’s most renowned beaches. 22 Raglan Street, Manly is currently tenanted by the Manly Backpackers Hostel which receives international travellers searching for a taste of Sydney’s idyllic Northern Beaches.
The property affords purchasers the opportunity to acquire a centrally located, tenanted freehold building with potential for a residential development.
22 Raglan Street, Manly benefits from the following key attributes:
- Total passing income of $407,622.62* per annum
- 3 + 3 + 3-year lease
- Favourably zoned R3- Medium Density Residential
- Leased to Manly Backpackers Hostel, who has been successfully operating since 1992
- 1,054sqm* building area
- 713sqm* land area
- Tenant pays 100% of operating outgoings
- Premium position within Manly, only 200m* from Manly Beach, 250m* from the Corso and 450m* from Little Manly and Manly Wharf
The property will be made available for sale by way of expression of interest closing on Wednesday, 29 November 2017 at 4pm
The property affords purchasers the opportunity to acquire a centrally located, tenanted freehold building with potential for a residential development.
22 Raglan Street, Manly benefits from the following key attributes:
- Total passing income of $407,622.62* per annum
- 3 + 3 + 3-year lease
- Favourably zoned R3- Medium Density Residential
- Leased to Manly Backpackers Hostel, who has been successfully operating since 1992
- 1,054sqm* building area
- 713sqm* land area
- Tenant pays 100% of operating outgoings
- Premium position within Manly, only 200m* from Manly Beach, 250m* from the Corso and 450m* from Little Manly and Manly Wharf
The property will be made available for sale by way of expression of interest closing on Wednesday, 29 November 2017 at 4pm
Manly, 2095 demographic data
The median household income for Manly is $3,164, 52% higher than Greater Sydney's household income of $2,077. Manly has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 38% of property owners in Manly have a mortgage.
16,296
Population
$3,164 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
02 9333 33...
22 Raglan Street
Manly, NSW 2095
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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