CBRE are pleased to present to the market 36-38 South Steyne, Manly NSW, an exceptional beachfront freehold opportunity, for sale via Investment Portfolio Auction 188.

The property has the following key investment highlights:

+ High functioning hospitality premises with fully equipped kitchens & cool rooms on all levels, plus a 3000L grease trap, significant rangehood exhaust system, a pizza oven & a transferable liquor/hotel licence
+ High profile 335sqm* freehold landholding improved by 750sqm* of adaptable floor area across 3 levels
+ Dynamic E1 Local Centre zoning, with 10m* building height limit & an FSR of 2.5:1, providing future development potential (STCA)
+ Recent and extensive refurbishment, providing significant depreciation benefits for incoming purchaser
+ Strategically positioned asset just 45m* from ‘The Corso’, a pedestrianised retail precinct anchored by Coles and community amenities including the Ivanhoe Hotel and Hotel Steyne
+ Rare frontage to the world famous Manly Beach, attracting approximately 9 million people per annum¹
+ Prestigious housing market in Manly with median house price of $5,012,500 growing 10% in 12 months, leading to a booming retail & hospitality precinct²
+ Manly: important position in the lucrative Northern Beaches council, with a Gross Regional Product of $22.6b and a growing population of 272,656³

To be sold via Investment Portfolio Auction 188
10:30am AEDT Tuesday 27 October 2026
Yallamundi Rooms, Sydney Opera House

1 Manly Council
2 realestate.com.au
3 Economy.id