North Manly
367 Pittwater Road
Sale
$4,000,000 Ex GST
410 sqms
Key details
Property Type
Industrial
Land Area
799 SQM
Highlights
Invest, Occupy or Develop - Enquire Now
Comprising of a mechanical workshop, design studio, and 2 x One-bedroom apartments, this fantastic mixed-use property only a stones' throw from Manly is an opportunity not to be missed!
Comprising of a mechanical workshop, design studio, and 2 x One-bedroom apartments, this fantastic mixed-use property only a stones' throw from Manly is an opportunity not to be missed!
Sit on a passive income of $180,000 + GST Net pa, occupy an iconic location moments from Manly, or develop, the choice is yours!
Features:
* Land Area: 799sqm - R2 Zoning
* Building Area 410sqm
* 5 + 5 Year Lease Available
* Long Standing Tenant – Over 20 Years!!
* Corner Location
* Head Lease Income $180,000 + GST Net
* 3.5% Fixed Annual Reviews
* Water Rates: $3,822
* Council Rates: $6,165
* Land Tax: $8,840
* Insurance: $1,873
* Land Value $1,230,000 (2019 single holding)
* 100% of Outgoings recovered by Lessee
* Loft Apartment 1 Rental: $23,504 pa
* Loft Apartment 2 Rental: $25,480 pa
* Studio/Workshop Rental: $28,080 pa
* Occupier & Developers ENQUIRE NOW!
LOCATION:
Boosting an iconic location on the corner of Pittwater Road and Lakeside Crescent this fantastic property is only moments from Manly, Freshwater and Curl Curl. With easy access to Brookvale, Mosman and Sydney CBD this is not an opportunity to be missed.
Call Aleks Lukich on 0419 011 211 today for your inspection
**All rentals are per annum and quoted areas and outgoings are approximations**
Sit on a passive income of $180,000 + GST Net pa, occupy an iconic location moments from Manly, or develop, the choice is yours!
Features:
* Land Area: 799sqm - R2 Zoning
* Building Area 410sqm
* 5 + 5 Year Lease Available
* Long Standing Tenant – Over 20 Years!!
* Corner Location
* Head Lease Income $180,000 + GST Net
* 3.5% Fixed Annual Reviews
* Water Rates: $3,822
* Council Rates: $6,165
* Land Tax: $8,840
* Insurance: $1,873
* Land Value $1,230,000 (2019 single holding)
* 100% of Outgoings recovered by Lessee
* Loft Apartment 1 Rental: $23,504 pa
* Loft Apartment 2 Rental: $25,480 pa
* Studio/Workshop Rental: $28,080 pa
* Occupier & Developers ENQUIRE NOW!
LOCATION:
Boosting an iconic location on the corner of Pittwater Road and Lakeside Crescent this fantastic property is only moments from Manly, Freshwater and Curl Curl. With easy access to Brookvale, Mosman and Sydney CBD this is not an opportunity to be missed.
Call Aleks Lukich on 0419 011 211 today for your inspection
**All rentals are per annum and quoted areas and outgoings are approximations**
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Insights & knowledge
Understanding the Northern Beaches like the back of our hands allows us to offer impeccable levels of service and elicit
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
