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Cushman & Wakefield - Sydney

32 The Corso Manly, NSW 2095

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32 The Corso,
Manly, NSW 2095

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Cushman & Wakefield - Sydney

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
Cushman & Wakefield - Sydney
32 The Corso
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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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
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

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