Nestled in arguably one of Manly’s most sought after locations is this freestanding block of 5 self contained flats to be sold in one line.

Set over two levels, the property offers three one bedroom flats, a two bedroom rear apartment plus a studio style flat. In good condition throughout, the property has a proven track record of consistent rental returns and on current estimates provides in excess of $108,000 in gross income per annum.

Keep as is, renovate and look to improve rental returns or look to re-develop and create brand new family residence in an exclusive Eastern Hill location (STCA)…. the opportunities are endless!

Land Size – 418 sqm approx.
Council Rates – $1,284 per quarter approx.
Water Rates – $980 per quarter approx.

Contact

Andrew Reynhout – 0412 324 400
Michael Giuffrida – 0400 664 217