A unit on a parcel in 1/DP70385 Manly NSW. Constructed in 1920, featuring 5 bedrooms and 2 bathrooms.
Historic Building with Development Potential Lifestyle - Located in the heart of Manly and just moments to the beach and city ferries, this historic building offers scope to develop into boutique apartments (STCA) or retain as office space.Accommodation - Set over two levels, the building incorporates large open plan office spaces as well as additional smaller private offices. The ground floor boasts a well-appointed boardroom, kitchen and bathroom facilities.Features - Originally a Masonic Hall built in the 1920's, the front facade is heritage listed while the internal space can be developed into up to 4 apartments or a luxurious beachside residence (STCA).Incredible commercial rental return. Currently rented as office space until June 2016 for $200,550 per annum, the building provides a strong income and the tenants pay all outgoings.