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115/48 Sydney Rd

Manly NSW 2095

1
1
1
38 m²
Unit
Currently for sale - view listing

Overview

Rare Manly Investment Opportunity ! Proven $60,000+ p.a. Income Stream

To enquire, please email or call 1300 815 051 and enter code 2837 VIEW BY APPOINTMENT ONLY Secure an exceptional income-producing asset in one of Sydney's most tightly held beachside markets. This immaculate, fully furnished studio apartment with private balcony in the highly sought-after ‘Waterside’ building offers investors the rare advantage of immediate cash flow, with a proven short-stay income stream generating over $60,000 per annum. Positioned in the absolute heart of Manly, just moments from the iconic Corso, ferry, cafés, restaurants and world-famous beaches, this premium location attracts strong year-round demand from holidaymakers, business travelers and weekend visitors alike. Immaculately presented and fully equipped, the apartment is ready to operate, with no additional setup costs, renovations or downtime required. Act Quickly! Delivering proven income, minimal ongoing upkeep and outstanding long-term capital growth potential, this is your rare chance to secure a high-performing asset in one of Australia's most desirable costal destinations. What you’ll love: - Light-filled fully equipped and furnished open-plan first-floor studio, with generous combined living and bedroom area - Flows seamlessly to a covered north-east balcony, ideal for morning coffee or evening enjoyment - Modern fully equipped kitchen with ample storage and quality appliances - Reverse cycle air conditioning for year-round comfort - Contemporary bathroom plumbed for washing machine - Fully equipped Laundry located on the first floor. - Huge entertainment terrace with swimming pool, heated spa and gym (level 3) - Secure, well-maintained building with lift access to both apartment and secure car space – long term Council lease. - Very Quiet location yet close to everything that Manly has to offer. Water Rates: $210 p.q. Council Rates: $615 p.q. Strata Levy: $1,256 p.q Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations. To enquire, please email or call 1300 815 051 and enter code 2837

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
38 m² floor area
Unit

Property history for 115/48 Sydney Rd

2016
Sold
Undisclosed
27 Oct 2016 by Richard McDonagh, of Shoreline Property
2010
Sold
Undisclosed
Private Sale/Treaty on 06 Apr 2010

Happy sellers in Manly

81%
81% 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 83 reviews in Manly over the last 12 months.

Local market activity for 1 bedroom units in Manly

In the last 12 months, 9 one-bedroom units similar to 115/48 Sydney Rd, have been sold.

This represents a 350% decrease in one-bedroom units sales when compared to the previous 12 months.

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