46-48 North Steyne, Manly, NSW 2095

Savills, Colliers and Belle Property Projects Manly are pleased to present 46, 47 & 48 North Steyne, Manly, an exceptional opportunity to secure a rare consolidated beachfront holding directly opposite iconic Manly Beach. Occupying a substantial 521.5sqm* site with dual frontage to North Steyne and Henrietta Lane, the property is one of the last remaining large-scale development opportunities in this tightly held coastal precinct.
 
Comprising three adjoining two-storey retail assets offered in one line, the property currently generates a gross passing income of $485,454 per annum + GST* and benefits from demolition clauses across all leases, providing future redevelopment flexibility. 
Positioned moments from The Corso and Manly Wharf, the site offers exceptional potential for a landmark prestige residential or mixed-use project (STCA), capitalising on uninterrupted ocean views and one of Australia’s most desirable beachfront locations.
 
Highlights
- Rare 521.5sqm* consolidated beachfront landholding
- Directly opposite Manly Beach with panoramic ocean views
- Dual street frontage to North Steyne and Henrietta Lane
- Gross passing income of $485,454 pa + GST*
- FSR of 2.5:1 to 3:1* and height limit of 10m -12m*
- Exceptional prestige residential or mixed-use development potential (STCA)
- Moments from The Corso and Manly Wharf
- Offered for sale via Auction
 
*Approximate
(STCA) - Subject to Council Approval