FOR SALE
Guide | $530,000

41/69 Addison Road
Manly NSW 2095

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 30m2
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Prime Investment Opportunity in Manly – Studio Living with Renovation Potential!

Introducing 41/69 Addison Road, Manly – a well-located studio apartment brimming with potential. Ideal for investors and renovators alike, this compact yet functional apartment features original elements and offers a blank canvas to create a modern coastal retreat. With easy access to Manly Beach, public transport, and the vibrant local lifestyle, this property is perfect for generating rental income or as an entry into the market.
Features:
Studio Layout: Compact and low-maintenance, ideal for short or long-term rental options.
Original Features: Retains its authentic character, providing a unique opportunity for a modern update.
Blank Canvas for Renovators: Ready to be transformed into a customized beachside haven.
Bright & Airy: Natural light fills the space, enhancing the coastal feel.
Easy-care Bathroom: A practical bathroom suited to a busy lifestyle.
Investment Highlights:
High Rental Demand: Manly is a top choice for renters, offering solid rental yield potential.
Prime Coastal Location: Walking distance to Manly Beach, perfect for attracting tenants seeking the beach lifestyle.
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Property Details for 41/69 Addison Rd, Manly

41/69 Addison Rd, Manly is a 0 bedroom, 1 bathroom Studio. The property has a floor size of 30m2. The place is currently for sale with Sweetnams Real Estate.

Building Type
Studio
Floor Size
30m2

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About Manly 2095

The size of Manly is approximately 5.6 square kilometres. It has 19 parks covering nearly 47.5% of total area. The population of Manly in 2011 was 15,072 people. By 2016 the population was 15,861 showing a population growth of 5.2% in the area during that time. The predominant age group in Manly is 30-39 years. Households in Manly are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Manly work in a professional occupation. In 2011, 45% of the homes in Manly were owner-occupied compared with 45.7% in 2016.

Manly has 11,159 properties. Over the last 5 years, Houses in Manly have seen a 32.81% increase in median value, while Units have seen a 33.41% increase. As at 31 October 2024:

  • The median value for Houses in Manly is $3,957,794 while the median value for Units is $1,822,098.
  • Houses have a median rent of $1,295 while Units have a median rent of $920.
There are currently 48 properties listed for sale, and 29 properties listed for rent in Manly on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in Manly.

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Mason (James) Mason
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Yorick Sweetnam
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Sweetnams Real Estate
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