Sold
133-139 Pittwater Road, Manly, NSW, 2095
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1. Property Summary
Land Area
1,114 m² (*approx)
Selling Method
SOLD: SOLD
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2. Property Highlights
BLUE CHIP INVESTMENT - SYDNEY'S EXCLUSIVE NORTHERN BEACHES
SOLD
- Brand New Service Station – Trading as BP
- New 12 year lease + 3 x 5 year options
- Year 1 - $295,000* net income
- Fixed 3% per annum rental increases
- Exclusive Northern Beaches location, 150 metres from Manly Beach
- 2019 Build - Maximum depreciation benefits
- Strong income stream with fixed 3 % reviews per annum
- Exceptional Corner landholding with three street frontages
- Strong underlying planning controls support future development (STCA)
FOR SALE BY PUBLIC AUCTION
Commencing 7th April 2020 at 10:30am
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For more information contact the exclusive agents.
Remember to mention you found this property on DevelopmentReady
Read More
Development Approved
1. Property Summary
Land Area
1,114 m² (*approx)
Selling method
SOLD: SOLD
2. Property Highlights
BLUE CHIP INVESTMENT - SYDNEY'S EXCLUSIVE NORTHERN BEACHES
SOLD
- Brand New Service Station – Trading as BP
- New 12 year lease + 3 x 5 year options
- Year 1 - $295,000* net income
- Fixed 3% per annum rental increases
- Exclusive Northern Beaches location, 150 metres from Manly Beach
- 2019 Build - Maximum depreciation benefits
- Strong income stream with fixed 3 % reviews per annum
- Exceptional Corner landholding with three street frontages
- Strong underlying planning controls support future development (STCA)
FOR SALE BY PUBLIC AUCTION
Commencing 7th April 2020 at 10:30am
Venue: AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For more information contact the exclusive agents.
Remember to mention you found this property on DevelopmentReady
Read More