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Pine Property Services - Manly

32 The Corso Manly, NSW 2095

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32 The Corso,
Manly, NSW 2095

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Pine Property Services - Manly
32 The Corso
Manly, NSW 2095
Pine Property Services - Manly
Patrick Kelleher

Pine Property Services - Manly

Level 3, 22 Darley Road
MANLY, NSW 2095

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Once in a generation opportunity!

  • Australia's most desirable suburb
  • 15 year lease to 2024 + options to 2044
  • Net Income $994,380 approx
Cushman & Wakefield and Pine Property are pleased to present to the market 32 The Corso Manly NSW for sale. The property is leased to one of Australia’s ‘Big 4 Banks’ and located within the heart of one of Sydney’s most iconic suburbs - Manly.

The property has the following key characteristics:

• Renewed 15 year lease to December 2024 + options to 2044
• Westpac Banking Corporation (WBC) - ASX listed company with a market capitalisation of $95 Billion*
• Freehold 2 storey property situated in one of Australia’s most desirable and iconic locations
• Long standing tenant in occupation 40+ years
• Manly: attracts over 8 million visitors every year. Manly Wharf and the shores of Manly Beach boost an exceptional level of exposure for the property with high volumes of pedestrian traffic.
• Tenant pays all outgoings.
• 4% annual rent increases.
• Net Income $994,380 pa + GST*.
*Approx.

For more information about the property or to organise an inspection, please contact the exclusive agents.


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Property ID: 503212458Last Updated: 30 Sep 2019

Agency contacts

Pine Property Services - Manly
Pine Property Services - Manly
Level 3, 22 Darley Road
MANLY, NSW 2095
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Cushman & Wakefield - Sydney
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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Tammy Stuart
Pine Property Services - Manly
32 The Corso Manly, NSW 2095

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

Kind Regards,

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