1 Listing

63 Cambridge Parade, Manly

- High-traffic site in the heart of Manly. - Successful cafe on a periodic lease. - 458sqm block with demolition/development potential (STCA). - Full info pack available on request. - GST unlikely to be applicable to purchase - enquire for further detail. Situated in the heart of Manly on Cambridge Parade, this freehold commercial property presents an incredible opportunity for investors, developers or owner occupiers. This block and building are in one of the most tightly held areas of the Bayside, this one having been in one family for over 50 years. A 140sqm* internal site with addition 30sqm* useable external space on a 458sqm block, the property is currently rented on a periodic lease and occupied by a successful cafe that has become an institution on the street. Residing in a high-exposure area with plenty of foot traffic and a wide 11-metre frontage, the property offers outstanding appeal. Featuring the perfect configuration for a cafe, bar or restaurant, the existing layout features a kitchen, storeroom, toilets, takeaway window and a spacious dining room opening to the bay breezes and bustling ambience of Cambridge Parade. A private driveway accesses the rear of the block, featuring parking for multiple vehicles. Offering endless opportunities, the option exists to retain the existing building, renovate or knock down and redevelop (STCA). With plans drawn for a new multi-use site featuring a commercial space downstairs and 2 apartments upstairs, the land parcel presents exceptional future potential. Freehold properties of this kind and in this position are truly rare, so don't miss your chance to secure this spectacular holding in Manly's beautiful bayside. Key features include: - Freehold building in the heart of Manly - 458sqm block with wide 11-metre frontage - High-traffic area on Cambridge Parade - Periodic lease for a successful cafe - Cafe dining room, kitchen, storeroom and toilet - Stacker windows/doors and servery window for takeaways - Driveway with side access for rear parking - Outstanding development potential for a multi-use space - Plans drawn for a commercial building and 2 apartments *measurements approximate. Please contact agent for rental appraisal. Disclaimer: This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Offers Over $1.6m