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Rare Blue Chip Investment Opportunity Coveted Beachfront Position

Posted in Categories: Real Estate, Commercial for Sale
Posted From: Australia, New South Wales, Sydney

Ad Title: Rare Blue Chip Investment Opportunity Coveted Beachfront Position
Date & Time Listed: 2016-10-07 12:15:14 (GMT)
Type of Ad: Want to Sell
Ad Details:
With a recent upgrade of this Blue Chip ICONIC waterfront mixed commercial and residential building, has certainly drastically increased its desirability factor.
With the recent completion of two new penthouse apartments, this marvel certainly will astound. Creating two new extra income streams for the astute investor.
The front of the building has had a face lift with its fresh new olive, charcoal greyish complexion.
Prominently positioned on Manly’s thriving beachfront strip just 50m from The Corso, this boutique mixed business development with spectacular ocean views shows excellent returns, substantial future projected capital growth and scope to value add.
It is comprised of 3 levels of retail and 3 levels of residential apartments and approval to build 2 penthouse apartments with all facilities already connected. Every square metre is currently leased and a low vacancy rate will always be assured in this prime sought after location.
Price: 29,900,000.00 AUD


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