A significant holding right in the vibrant heart of Manly, investors or developers will see the value and the potential of this property. It comprises a large fitted out shopfront with all the amenities in place to commence a café or restaurant business plus two upper level unimproved apartments. On one title, it can be held as a great investment with tenants already in place with the apartments and the shopfront ready to lease out. Alternatively, explore the development options and fully capitalise on its premier locale. It's surrounded by quality establishments and enjoys excellent passing foot and car traffic exposure. Further property features include: - North-east facing, premium Manly with mixed use zoning - Occupies a prime 148sqm with high exposure frontage - 1 x 2 bed, 1 bath apartment, 1 x 3 bed, 1 bath apartment - Rooftop apartment boasts a sweeping entertainer's terrace - Three bed apartment with high ceilings and a balcony - Restaurant boasts commercial kitchen and grease trap - Footpath dining available, cool room and bar with fridges - Potential to renovate/replace, $202,452.00 pa income approx. - Footsteps to Manly Wharf, Manly Beach the bus and ferry Statutory outgoings: *All approx, P.A Council - $12,957.71 Water - $3,800 Land Tax - $12,596 (based on a single basis holding)