Here is a fantastic opportunity for the astute investor, seeking to take full advantage of the capital growth potential of downtown Manly.
Situated only a short walking distance to the beautiful waters of Moreton Bay, is this sound post war dwelling, which is sitting on a double block of land of 810 sqm land area.
Each block has a site dimensions of 10m frontage x 40m deep approximately (2 x 405 sqm allotments, and are known as Lot 27 and Lot 28 on RP33153. Currently the dwelling is tenanted and is showing a modest rental return, which will provide an income, whilst you develop the future plans for this elevated site.
Ideal for renovation, removal or hold, this property represents excellent value in the Manly marketplace. From a redevelopment point of view, the sites are very well positioned, and have a magnificent bushland outlook towards Mount Cotton.
Also handy and within walking distance is Manly village, Manly railway station, Royal Queensland Yacht Squadron, and shopping services.
Inspections can be easily arranged by appointment with your local experienced agents:
Reno Muscat
Phone 3893 6709
Mobile 0413 754 638
reno.muscat@remaxwm.com.au
Cameron Bastow
Phone 3893 6705
Mobile 0413 093 242
cameron.bastow@remaxwm.com.au