Mixed Use Freehold Investment with Multiple Value Add Options

291 & 293 Condamine Street, Manly Vale, New South Wales 2093

Retail For Sale

Expressions of Interest. EOI Date 14 Aug 2019
Land Area: 409.00 m2.    Floor Area: 703.00 m2.    

Description

Colliers International is excited to offer to market for sale 291 & 293 Condamine Street, Manly Vale.

The property presents a golden outlook for investors, developers and live work buyers with opportunity to capitalise on several upside and value add opportunities whilst benefiting from secure holding income.

Key highlights include:

• 2 retail shops, 4 residential apartments & 4 car spaces
• Large, oversized 3 x 3 bedrooms & 1 x 2 Bedroom apartments
• Fully leased gross income of $160,000 (Approx.)
• High exposure retail frontage to Condamine Street
• 50 metres to B-Line express bus
• Zoned B2 Local Centre with site area of 409m² (approx.)
• Opportunity to refurb, develop, sub divide current units or strata (STCA)
• Convenient position close to huge amount of retail amenity

The property is being sold via Expressions of Interest closing Wednesday 14th August at 4pm (AEST)

Features

  • Premium freehold in core location
  • Excellent transport links
  • Fantastic Lifestyle elements

Specifications

Zoning B2 – Local Centre

Map

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