Industrial & Logistics

MANLY BP - Pittwater Road 133-139

133-139 Pittwater Road Manly, NSW Australia 2095
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 2019
Building Area

Property Description

  • 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 EXPRESSIONS OF INTEREST

Closing 3pm Wednesday 8th April, 2020


For more information contact the exclusive agents.

Investment Highlights

Exclusive Northern Beaches suburb of Manly

Incredibly tightly held commercial property investment market

Corner position with great exposure to three street frontages incl. Pittwater Road

Valuable underlying land value paired with positioning to the main road and Manly Beach

Highly defensive income stream incorporating fixed increases

Land bank opportunity for future

Premium new build including tanks & pumps allowing for maximum depreciation

Dylan McEvoy
Director
Gordon McFadyen
Director, Metropolitan Sales & Investments – NSW

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