Shop 7, 11-25 Wentworth St MANLY
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Location:
Ideally set in the busy CBD of Manly, just one street back from the iconic Manly Corso. The property also resides directly across the road from the Manly Royal Far West and Manly Village Public School. The street front retail space is ideally located to take full advantage of one of the most successful retail precincts in Sydney.
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Description:
Perfectly positioned in Rialto Square in a highly exposed corner, facing Rialto Laneway. Enjoying high foot traffic, street frontage and surrounded by a buzzing cosmopolitan lifestyle, this property is the ideal acquisition for an astute property investor looking for a piece of Manly or to add to a commercial portfolio.
Key considerations include:
Lot 7 is leased to a successful fashion retailer 'Venla'.
* Lease commenced 1st September 2023
* Term - 3 + 3 years
* Glass shop frontage
* Highly exposed ground floor premises fronting busy pedestrian thoroughfare
* Anchored with a mix of retailers boasting hospitality & personal services
* Rental income $90,000 Gross + GST pa ($76,770 Net + Outgoings + GST Pa)
* Outgoings - $13,229.91 pa
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Council:
Northern Beaches Council
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3 Phase Power:
No
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Roller Doors:
No
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Clearspan:
No
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Area:
70 sq. m
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Vacant Possession:
No
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Investment:
No
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For further details please call Patrick Kelleher on 0414 300 806.
$1,850,000 (ex GST)
SALE
DISCLAIMER: Every care has been taken to verify the accuracy of the information contained herein, but no warranty is given or implied and prospective purchasers/tenants are advised to carry out their own investigations. Details herein do not constitute any representation by the vendor/lessor or the agent and are expressly excluded from any contract.