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Investment Highlights

  • Fully leased commercial freehold generating $612,841.75 net income per annum.
  • Development potential supported by E1 Local Centre zoning, 3:1 FSR, and 15 m height limit (STCA).
  • Located 250 metres from Manly Corso and close to Manly Beach and esplanade.
  • Surrounded by cafes, restaurants, bars, and lifestyle amenities in a high-demand coastal hub.

Executive Summary

27 Belgrave Street, Manly, presents a rare opportunity to acquire a fully leased commercial freehold with significant development potential in one of Sydney’s most desirable coastal precincts. Known as Tracon House, this four-story property comprises a retail arcade and premium office accommodation, delivering a current net income of approximately $612,841.75 per annum.
The site spans 583 m² and benefits from E1 Local Centre zoning, a 3:1 floor space ratio, and a 15-metre height limit, providing substantial scope for future redevelopment (STCA). Positioned just 250 metres from the iconic Manly Corso and within walking distance of Manly Beach, the property offers exceptional connectivity and lifestyle appeal. Frequent bus and ferry services link the location to the Northern Beaches, Chatswood, North Sydney, and the Sydney CBD, while Manly Wharf’s vibrant dining and retail scene is only a short stroll away.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
24,240 SF
Building Class
C
NOI
$430,773
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,060 SF
Building FAR
4.25
Lot Size
0.13 AC

Amenities

  • Roof Terrace
  • Fully Carpeted
  • Balcony
  • Listing ID: 39631434

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 27 Belgrave St, Manly, NSW 2095

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