Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

Manly Boardriders 63-67 The Corso, Manly, NSW 2095

+9 Photos

Manly Boardriders 63-67 The Corso, Manly, NSW 2095

Manly

×
Sold Check
+11 Photos

Manly Boardriders 63-67 The Corso, Manly, NSW 2095

Manly

SOLD
Manly Boardriders 63-67 The Corso, Manly, NSW 2095

Manly Boardriders 63-67 The Corso, Manly, NSW 2095

Properties / Sold / New South Wales / Manly
Development Potential
Property Type
Commercial
Sub Type
Retail/Shopping Centre
Land Area
490 m² (*approx)
Selling Method
EOI: Closing Thursday 23 May 2024 at 3pm (AEST)
EOI Closing Date
23 May 2024 03:00PM
Show All
Versatile Beachside Investment Ready For Repositioning
  • 28-room backpacker investment
  • DA approved for luxury residences
  • Prime Beachside Position

Colliers have the privilege to present For Sale Manly Boardriders, a rare beachside accommodation investment ready for repositioning.

Located 100m* from the world famous Manly Beach, the asset’s flexible fundamentals lends itself to a vast variety of potential uses including luxury residences (DA approved), co-living, serviced apartments, flashpacker accommodation, office and/or retail (STCA).

Key Highlights:

+ Flexible optionality allows prospective purchasers to occupy, invest and/or develop

+ Strong revenue generating 28-room backpacker investment

+ DA approved for 12 luxury residences + retail

+ Multiple repositioning and/or value add propositions

+ Prime beachside position surrounded by an abundance of retail, lifestyle and public amenity

+ To be sold as a Going Concern

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Commercial
Sub-type
Retail/Shopping Centre
Land Area
490 m² (*approx)
Selling method
EOI: Closing Thursday 23 May 2024 at 3pm (AEST)
EOI Closing Date
23 May 2024 03:00PM

Development Site Highlights

Versatile Beachside Investment Ready For Repositioning
  • 28-room backpacker investment
  • DA approved for luxury residences
  • Prime Beachside Position

Colliers have the privilege to present For Sale Manly Boardriders, a rare beachside accommodation investment ready for repositioning.

Located 100m* from the world famous Manly Beach, the asset’s flexible fundamentals lends itself to a vast variety of potential uses including luxury residences (DA approved), co-living, serviced apartments, flashpacker accommodation, office and/or retail (STCA).

Key Highlights:

+ Flexible optionality allows prospective purchasers to occupy, invest and/or develop

+ Strong revenue generating 28-room backpacker investment

+ DA approved for 12 luxury residences + retail

+ Multiple repositioning and/or value add propositions

+ Prime beachside position surrounded by an abundance of retail, lifestyle and public amenity

+ To be sold as a Going Concern

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

Manly Boardriders 63-67 The Corso, Manly, NSW 2095

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: new south wales
Indicative rate for new south wales. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO new south wales for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of Manly Boardriders 63-67 The Corso, Manly, NSW 2095

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
Manly Boardriders 63-67 The Corso, Manly, NSW 2095 Manly