142 Sydney Rd, Fairlight is a 2 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 254m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
A rare and prized blue-chip investment opportunity in the now bustling Fairlight Village shopping centre, this unique property comprises a thriving street-front restaurant plus a one bedroom apartment and a studio apartment. Fully leased and showing excellent returns, it is located within walking distance of Manly s beaches, wharf and lifestyle hub.
* Current retail space returns a healthy $50K per annum (approx)
* The popular Brisket and Bike Co. Restaurant is on a 2 x 2 year lease
The size of Fairlight is approximately 1.2 square kilometres. It has 6 parks covering nearly 24.3% of total area. The population of Fairlight in 2011 was 5,489 people. By 2016 the population was 5,821 showing a population growth of 6.0% in the area during that time. The predominant age group in Fairlight is 30-39 years. Households in Fairlight are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairlight work in a professional occupation. In 2011, 62.4% of the homes in Fairlight were owner-occupied compared with 64.2% in 2016.
Fairlight has 3,148 properties. Over the last 5 years, Houses in Fairlight have seen a 48.95% increase in median value, while Units have seen a 34.54% increase. As at 31 October 2024:
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