Back 107/54a West Esplanade
Off Market

107/54a West Esplanade

Manly NSW 2095

1
1
Apartment
Last sold for $515,000
Tony QuattrovilleTony Quattroville, last sold this property on 05 April 2016 after 12 days on market.

Overview

World class location! The perfect investment or holiday pad

SMS the word Manly to 0416 905 112 to receive your digital information pack instantly. CLICK ON THE VIDEO TAB TO VIEW A SNEAK PREVIEW OF THIS PROPERTY * This fully furnished strata studio holiday apartment is the most hassle free investment you could own * Recently renovated with a chic presentation including new kitchen with stone benchtops * The sale also includes ownership of the near new furniture and appliances * Private balcony overlooking The Corso * Internal laundry facilities in the modern bathroom * The current long term tenants lease expires 30th August 2017 and after that date you can negotiate a further lease term * The current guaranteed net rental yield is $17,877 p.a (Note: the tenant pays all outgoings and the rent is increased by CPI each year) * Alternatively after the expiration of the current lease you can take possession back to use as your own holiday pad and/or manage your own holiday rental (e.g. Stayz or Airbnb) for extra income (Double bed plus separate fold out sofa bed could easily sleep up to 4 people) * This modern and beautifully maintained landmark building is situated in the heart of Manly and directly opposite Manly Wharf and beach within walking distance to all the amenities that this popular beach side tourist destination offers * Investors - Run for this ONE! Note: This serviced apartment is approved for holiday letting or short term stay only STUDIO APARTMENT INVENTORY 1 X UNDER BENCH REFRIGERATOR 1 X DISHWASHER 1 X QUEEN BED ENSEMBLE 2 X BEDSIDE TABLES AND LAMPS 1 X SMALL DINING TABLE 2 X DINING CHAIRS 1 X DESK + CHAIR + LAMP 1 X TWO SEAT LOUNGE 1 X SIDE TABLE 1 X IN ROOM SAFE 2 X BALCONY CHAIRS + 1 SMALL TABLE 1 X FRONT LOAD WASHING MACHINE 1 X CLOTHES DRYER CURTAINS AND TRACKS 1 x TELEVISION 1 X TIMBER ROOM DIVIDER 1 x PACKAGED AIRCONDTIONING UNIT (LOCATED IN CEILING SPACE)

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Manly over the last 12 months, the estimated median property value of 107/54a West Esplanade is $1.08m.

Median value
$1.08m
Estimated value range
$515k - $2.2m
Median days on market
24
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Manly. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 107/54a West Esplanade

2024
Rented
Undisclosed
Leased on 04 Jul 2024 by Bergelin Property
2016
Sold
$515,000
Private Sale/Treaty on 05 Apr 2016 by Tony Quattroville, of One Agency by Tony Quattroville

Happy sellers in Manly

78%
78% of sellers in Manly reported that their sale price either exceeded or met their price expectations.

Manly stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 86 reviews in Manly over the last 12 months.

Local market activity for 1 bedroom apartments in Manly

In the last 12 months, 65 one-bedroom apartments similar to 107/54a West Esplanade, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

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