138 Kingsley Terrace, Manly QLD 4179

A once in a generation opportunity to secure this very special property in one of Brisbane's most highly sought after suburbs of Manly.

The iconic “Alexandrou” corner shop is located at the corner of Kingsley Terrace and Nelson Parade, only a few steps to The Manly Harbour Village and the beautiful blue waters of The Esplanade.

This property has been tightly held and passed down from family members, however a decision has now been made to sell and let the new owners take this amazing property to the next level. The lucky new owner will have endless opportunities as this property consists of a shop front plus a residence, so you can run a business and live on site, run a business and lease the residence, or just lease both. This free hold property is zoned commercial with a development zoning LR2 low to medium density. We encourage buyers to contact the council to do their due diligence on what that means.

This property has good bones as it is constructed of solid brick throughout, however it has been empty for many years and has been trapped in a time warp so buyers will need to expect that some renovations will need to be done, although the location and the rarity of this type of property means you can't over capitalize.

Lower Level:
- Expansive shop front
- Back kitchen
- Bathroom and toilet
- Spare room
- Lounge / living room
- Laundry / two car garage

Upper Level:
- Three bedrooms
- Kitchen and bathroom
- Living room that opens to a balcony with some glimpses of the Bay

Extras such as solar power, security screens and split system air con just to name a few.

The savvy investor will immediately recognise the rarity of this property and I'm certain that the level of interest will be extremely high. Although this property is due to go to Auction the sellers will consider offers prior, but only those with Auction conditions. Please don't message asking for a price guide or price range as due to Queensland law I'm unable to provide this information.

Don't let this opportunity pass you by, contact me now.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.