46, 47 & 48 North Steyne, Manly.
One of Manly Beachfront's Last Remaining Development Opportunities
Belle Property is pleased to present 46, 47 & 48 North Steyne, Manly, an exceptional opportunity to secure a rare consolidated beachfront holding directly opposite iconic Manly Beach. Occupying a substantial 521.5sqm* site with dual frontage to North Steyne and Henrietta Lane, the property is one of the last remaining large-scale development opportunities in this tightly held coastal precinct. Comprising three adjoining two-storey retail assets offered in one line, the property currently generates a gross passing income of $485,454 per annum + GST* and benefits from demolition clauses across all leases, providing future redevelopment flexibility. Positioned moments from The Corso and Manly Wharf, the site offers exceptional potential for a landmark prestige residential or mixed-use project (STCA), capitalising on uninterrupted ocean views and one of Australia's most desirable beachfront locations. - Rare 521.5sqm* consolidated beachfront landholding - Directly opposite Manly Beach with panoramic ocean views - Dual street frontage to North Steyne and Henrietta Lane - Gross passing income of $485,454 pa + GST* - FSR of 2.5:1 to 3:1* and height limit of 10m -12m* - Exceptional prestige residential or mixed-use development potential (STCA) - Moments from The Corso and Manly Wharf - Offered for sale via Auction - (STCA) Subject to Council Approval *Approximate *In conjunction with Savills & Colliers
Get to know the area.
Tucked away on a small peninsula surrounded by popular surfing beaches and the spectacular bushlands of North Head, Manly is laid back yet bustling. Manly-siders embrace daytrippers and tourists, sharing with them the natural wonders and world-class shopping and dining that define this beachside suburb.
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Belle Property Manly is a name synonymous with residential/commercial sales and property management on Sydney’s dynamic Northern Beaches.
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