32 The Corso, Manly, NSW 2095

CBRE are pleased to present to the market an exceptional fully leased investment opportunity, located at 32 The Corso, Manly NSW, for sale via Investment Portfolio Auction 188.

The property has the following key investment highlights:

+ Important mix of brand new net-leases up to 2036, plus options extending to 2051
+ Fully leased multi-tenanted investment offering security through diverse income streams
+ Underpinned by global ugg-boot brand 'UGG', high-end recovery and wellness centre 'XtraClubs' and a 22-location medical operator 'Nuvo Health'
+ Landlord friendly net lease terms across all leases, as per leases
+ Attractive annual rental increases up to 4%, ensuring compounding income growth
+ High profile 664sqm* freehold landholding improved by 765sqm* of building area across multiple levels
+ One of the largest freehold parcels of land along the Manly Corso with a valuable alleyway
+ Dynamic E1 Local Centre zoning, with 15m* height limit and an FSR of 3:1, providing future development upside (STCA)
+ Strategic positioning along Manly Corso, a pedestrianised retail precinct anchored by Coles and community amenities including the Ivanhoe Hotel and Hotel Steyne
+ Rare positioning just 300m* to the world famous Manly Beach, attracting approximately 9 million people per annum¹
+ Prestigious housing market in Manly with median house price of $5,012,500 growing 10% in 12 months, leading to a booming retail & hospitality precinct²
+ Manly: important position in the lucrative Northern Beaches council, with a Gross Regional Product of $22.6b and a growing population of 272,656³
+ Net Income: $825,450* pa + GST

To be sold via Investment Portfolio Auction 188
10:30am AEDT Tuesday 27 October 2026
Yallamundi Rooms, Sydney Opera House

1 Manly Council
2 realestate.com.au
3 Economy.id