Property ID: 17587558
Owner-operators and investors take note. Unique opportunity to purchase a rare landmark freehold property and business within the highly sought after suburb of Manly. 6 Steinton Street operates as Manly Guesthouse, a budget accommodation spanning three levels comprising of singles, double, twins, trios and family rooms, plus a separate manager’s quarters/studio. Enjoying high occupancy rates, this 3 storey, 19 room property with 51 beds is perfectly positioned a 70m level stroll from world famous Manly Beach. Owner operate this strong business, or sell the business and enjoy a passive income.
The residence features soaring ceilings with ornate period detailing. The functional layout includes a communal area including an open plan lounge, dining and commercial kitchen, plus a private northerly courtyard. There are bathrooms and separate toilets on each level, plus all rooms feature built in robes, some with ocean views.
|Building / Floor Area||435 sqm|
|Outgoings||$41,353.00 per annum|
|Zoning||R3 Medium Density Residential|
|Water Rates||$1,538.00 per annum|
|Council Rates||$16,238.00 per annum|
Raine & Horne Commercial knows local and regional property markets intimately, with the support and systems of a long-established national and international property group. Our clients benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.