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Savills - Sydney CBD

79-89 Pittwater Road Manly, NSW 2095

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79-89 Pittwater Road,
Manly, NSW 2095

Shops & Retail • Offices • Other

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Savills - Sydney CBD
Lucy Abram
Tim Grosmann

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
Savills - Sydney CBD
79-89 Pittwater Road
Manly, NSW 2095

Map of 79-89 Pittwater Road

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Prime Mixed-Use Investment - Manly NSW

  • Landmark Mixed Use Trophy Asset
  • 100% Leased with stable income
  • Potential to reposition or redevelop
Savills and Pine Property are delighted to present 79-89 Pittwater Road, Manly for sale – a landmark trophy asset just 150 metres* from Manly Beach.

- Generous 746.1sq m* site located in the heart of Manly
- Mixed-use asset with diversified income streams across residential, retail, and commercial tenancies
- Fully occupied, ensuring stable and secure income
- Prominent corner site with three street frontages, including extensive Pittwater Road frontage
- Significant value-add potential through various repositioning strategies

The property includes:
- Six terrace apartments: Five two-bedroom terraces and one four-bedroom terrace, all with spacious bedrooms, natural light, and private courtyards.
- Prime retail spaces: The retail component comprises strip retail shops leased to three tenants – Assembly Label, Skittle Lane and Wilburs Deli. All shops enjoy prime street frontages to bustling Pittwater Road with strong visibility and pedestrian foot traffic, providing excellent brand exposure. All have excellent natural light and modern fit-outs.
- Commercial office: A self-contained two-storey office building leased to a reputable local architecture and interior design firm.
- Lock-up garage: A large lock-up garage under a separate lease.

Positioned on a 746.1sq m* corner site with three street frontages to Pittwater Road, Carlton Street, and Smith Lane, the property is located near iconic Manly Beach and surrounded by dining, entertainment, retail, and community amenities.

This is a rare opportunity with excellent long-term capital growth potential, driven by its prime location and potential to reposition and add value in a highly sought-after market.

(*Approx.)

79-89 Pittwater Road is offered for sale via Expressions of Interest, closing on Wednesday, 30 October 2024 at 4PM (AEDT)

Inspection Times (30mins):
+ Wednesday, 2 October 2024 at 10am
+ Saturday, 5 October 2024 at 9am
+ Wednesday, 9 October 2024 at 10am
+ Saturday, 12 October 2024 at 9am
+ Wednesday, 16 October 2024 at 10am
+ Saturday, 19 October 2024 at 9am
+ Wednesday, 23 October 2024 at 10am
+ Saturday, 26 October 2024 at 9am
+ Wednesday, 30 October 2024 at 10am

For further information, please contact our team.

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

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