FOR SALE
Offers Over $649,000

12/49 Gannon Avenue
Manly QLD 4179

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 256m2
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Exceptional Investment Opportunity Prime Location!

Nestled within an impeccably maintained complex of just 34 townhouses, this property offers a unique blend of privacy and convenience, perfect for both investors and future homeowners. With attentive onsite management ensuring the grounds and the shared tropical-style inground pool are always pristine, this is a lifestyle and investment you can feel confident in.
Located just a 15-minute stroll from the vibrant Manly foreshore, you'll enjoy easy access to a bustling caf� scene and shopping precinct. For commuters, the convenience is unmatched�Manly train station is less than a 10-minute walk, offering a seamless city commute, while Manly State School is also within walking distance, perfect for the morning drop-off.
This north-south facing townhouse boasts an ideal floorplan. The ground level features a master bedroom with an easy access bathroom, a central kitchen complete with a breakfast bar, and a formal dining room (currently used as a home office). A large air-conditioner services this whole area including the spacious family/lounge room which opens out to a covered alfresco area, perfect for relaxed outdoor living. The large, fully fenced yard is enclosed by a new colorbond fence at the rear & offers elevated views and total privacy.
Upstairs, you'll find two generously-sized bedrooms, both with built-in wardrobes & ceiling fans, along with a well-appointed second bathroom, completing this thoughtfully designed home.
Key Features:
� Long-Term Tenants in Place � Lease ending 20/10/2025
� Current Rental Return: $620 per week
� Body Corporate Fees: $1,313 per quarter
� Council Rates: $1,925 per year
� Water Charges: Usage paid by tenants ($1,350 per year)
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Property Details for 12/49 Gannon Ave, Manly

12/49 Gannon Ave, Manly is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 256m2. The place is currently for sale with LJ Hooker Property Centre.

Building Type
Townhouse
Land Size
256m2

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About Manly 4179

The size of Manly is approximately 1.7 square kilometres. It has 8 parks covering nearly 9.7% of total area. The population of Manly in 2011 was 3,701 people. By 2016 the population was 4,057 showing a population growth of 9.6% in the area during that time. The predominant age group in Manly is 50-59 years. Households in Manly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly work in a professional occupation. In 2011, 63.7% of the homes in Manly were owner-occupied compared with 67.2% in 2016.

Manly has 1,913 properties. Over the last 5 years, Houses in Manly have seen a 86.37% increase in median value, while Units have seen a 57.11% increase. As at 30 September 2024:

  • The median value for Houses in Manly is $1,433,249 while the median value for Units is $860,778.
  • Houses have a median rent of $790 while Units have a median rent of $585.
There are currently 15 properties listed for sale, and 8 properties listed for rent in Manly on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Manly.

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Bruce Hutchison
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LJ Hooker Property Centre
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