Back 27 Raeburn Street
Off Market

27 Raeburn Street

Manly QLD 4179

2
1
1
House
Last sold for $1,580,000
Michael O'BrienMichael O'Brien, last sold this property on 10 June 2025 after 15 days on market.

Overview

TWO TITLES. ENDLESS POTENTIAL. HOLD, RENT OR BUILD IN MANLY'S PREMIER GROWTH POCKET.

Welcome to 27 Raeburn Street, Manly a double block bayside opportunity where smart investors, builders, and visionaries come to play. Sitting across two already-registered lots, this address opens the door to a rare chance: build two new homes (STCA) in one of Brisbane's most in-demand coastal suburbs without the need to subdivide. The existing 2-bedroom, 1-bathroom highset home is clean, solid, and rental-ready, with a current appraisal of $580$600 per week. That's money in your pocket while you design your next move. Whether you're looking to: Land bank with income, Unlock a development project in a tightly held street, or Secure a premium position in the Manly State School catchment, This property delivers flexibility, holding power, and long-term upside. At a Glance: Currently a dual LOT block No subdivision required Rent-ready 2-bed, 1-bath home with modern kitchen and bathroom Driveway and fencing in place Side access and generous backyard New builds (x2) from approx. $875k$1.075m total (incl. demo, siteworks, landscaping) Why Buyers Are Watching Manly: Manly State School catchment top-tier education with long waitlists and high local property premiums Lifestyle: The largest Marina in Australia has encouraged fine dining and entertainment venues such as The Boat House, The Arsonist, Adelita Wine Bar, Cedar & Pine, and Three Musketeers French cafe. This property is Walking distance to Manly Village cafés, train station, and the marina 1.5km to the Waterfront Easy 20-minute commute to Brisbane CBD Surrounded by million-dollar homes and quality new builds Your Strategy, Your Way: Rent it out and collect strong income while you submit plans Knock it down and build two new homes (STCA) Land bank in a tightly held, high-growth coastal corridor Call Michael O'Brien on 0401 938 302 to arrange a walk-through or request the full development info pack. Opportunities like this don't wait and neither should you.

Features

2 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Manly over the last 12 months, the estimated median property value of 27 Raeburn Street is $1.49m.

Median value
$1.49m
Estimated value range
$1.01m - $4.26m
Median days on market
10
Estimated value trend
63%
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 27 Raeburn Street

2025
Sold
$1,580,000
Private Sale/Treaty on 10 Jun 2025 by Michael O'Brien, of Hendlay Real Estate
2022
Rented
Undisclosed
Leased on 18 May 2022 by Kanik & Co.
2021
Sold
$1,275,000
Auction Sale on 16 Sep 2021 by David Lazarus, of Place | Wynnum Manly

Happy sellers in Manly

80%
80% 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 28 reviews in Manly over the last 12 months.

Local market activity for 2 bedroom houses in Manly

In the last 12 months, 6 two-bedroom houses similar to 27 Raeburn Street, have been sold.

This represents a 20% decrease in two-bedroom houses sales when compared to the previous 12 months.

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