8/54 West Esplanade, Manly, NSW 2095

Retail

For Sale For Sale: $2,580,000

  • Property ID: 411045
  • Floor Area: 127m²
  • Occupancy: Tenanted
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Exceptional Investment Opportunity in Manly on a 5 + 5 - 6% Net Yield

Seize an unparalleled opportunity to invest into the very tightly held Manly retail market with this outstanding shop in an exceptionally well maintained building. This shop offers the exposure and presence that any business would benefit from.

Iconic tenancy in place – Cranium Hair, with over 25 years of trading history in this same position. The shop boasts an excellent corner position fronting Belgrave Street with exposure to pedestrians and vehicles all day long. A rare opportunity to buy into Manly's bustling retail and commercial precinct – located just across the road from The Corso and Manly Wharf providing excellent access to locals and tourists alike.

Do not miss this opportunity to buy a solid investment in the highly desirable Manly precinct!

* Secure, established tenant on a new 5+5 year lease with 3% reviews, 3 month security deposit and personal guarantees
* Internal area: 127m2
* 1 car space that fits 2 cars
* Fantastic exposure and signage opportunities
* Floor to ceiling windows on two sides allowing an abundance of natural light
* Large windows with exposure to literally millions of potential customers every year
* Exclusive use of undercover area in front of the shop included
* Vibrant pedestrian mall that links Sydney Harbour & Manly Wharf to the internationally-famous Manly Beach only metres away
* Ducted air-conditioning & premium lighting throughout
* Wide undercover awning outside the shop offers shelter from the elements
* Long-standing business (operating for over 25 years in the space) – Cranium Hair
* Large loading dock with easy access in the building
* Level access off the street into the property
* High end, premium fit out for the tenancy
* Internal amenities & kitchenette
* Futureproof with access to exhaust & grease trap
* On-site building manager
* Street parking options on Belgrave Street or just around the corner in neighbouring streets
* Public car park located directly under the building
* Net rent $154,944 + GST per annum Jan 2024
* Outgoings per annum: $14,920 approx

Conveniently positioned on the bustling corner of Belgrave Street that is close by to The Corso, Manly Wharf and to the internationally-famous Manly Beach. Invest right in the hustle or bustle of Manly with all the benefits that come with it. Only minutes from well known cafes, restaurants, bars, post office, council, parking stations, buses and banks.

Call Vincent West on 0403 444 000 or Oliver Rosati 0428 877 888 today for your inspection

Manly Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $374 ---
Retail --- $825 ---
Offices --- $795 ---
This is the average advertised price, rent and yield for Manly, NSW 2095*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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