SOLD
RECENT ADVICE
Sold on 02 Dec 2024 - Price Unavailable

22 Augusta Road
Manly NSW 2095

Bedrooms: 12
Bathrooms: 6
Car spaces: -
Floor area: 64m2
Land area: 650m2
Sold By
The Madison Agency
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Property Details for 22 Augusta Rd, Manly

22 Augusta Rd, Manly is a 12 bedroom, 6 bathroom Unit. The property has a land size of 650m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 12 bedroom Unit sold in Manly in the last 12 months.

Building Type
Unit
Floor Size
64m2
Land Size
650m2
Local Government
Northern Beaches
Lot/Plan
10/11/DP2428

Last Listing description (December 2024)

Maximise your property portfolio with this entire apartment building in an iconic beachside location. With sun and surf at your doorstep, this is a rare opportunity to secure a piece of prime real estate in one of Australia's leading surfside locales with versatile options for income and at some point in time ? redevelopment if desired.

The three-story double brick residential building comprises of six light-filled, 2 bedroom apartments with two lock up garages and 4 additional external car spaces on title.

On the market for the first time since construction, the property is being offered in one line situated on a generous 651 sqm dual street access parcel of land.

Each of 6 units has a balcony, internal laundry, separate kitchen and living room. Recent improvements has seen new windows and doors fitted to the entire building. Over the last few years, all units have been renovated with unit 6 completed in 2024 which includes a new bathroom, kitchen, laundry, carpets and blinds.

Located in a quiet leafy, residential street overlooking Manly, the property has sweeping views to the north and beyond and is just 7 minutes walk to Manly's vibrant beachfront shopping, caf? culture and dining precinct and a level walk to Fairlight Village.

This is a rare opportunity for the astute investor to retain as a prime investment or redevelop, potential to strata title and renovate - and build your dream on this incredible 650sqm block (STCA).

HIGHLIGHTS
? Superb investment or redeveloping opportunity
? 6 x 2 bedroom, 1 bathroom apartments
? Parking for 8 cars in total. 6 cars outside + 2 garage spaces
? 650sqm near level block with 15.5 metre street frontages
? Dual street access from Augusta Road & Sheridan Place
? Elevated position offers unobstructed Pacific Ocean views from north side
? Identical floor plans over 3 levels with 2 units per level
? Dress circle position in a quiet residential neighbourhood
? Caretakers storage room and toilet
? Strong rental yields and superb capital growth potential
? Immediate asset with an excellent steady income stream
? Unlock the potential STCA or retain as a solid investment
? Short walk to harbour foreshore and Manly precinct
? Local beaches and scenic walks only minutes away
? Bus routes and transport options close by
? Easy stroll to world famous Manly Beach & village
? Level walk to Fairlight village shops

With the current high rental demand and established tenants in place, this is an unprecedented, exclusive opportunity to secure an entire block in a world-class location that offers the very best of the Northern Beaches lifestyle.

See the Youtube video link.
https://youtu.be/YL9wqXrmuHc?si=diXHaA7y-4ZQdacO
Please note: Unit 6 (level 3 facing Sheridan Place entrance) is shown here.

INSPECTIONS ARE BY PRE-ORGANISED APPOINTMENTS ONLY.
To schedule an inspection please phone to allocate a time. Not by text / SMS.
Your allocated time will take place on SATURDAY OR WEDNESDAY at the scheduled open time shown online.
Please note: The 6 apartments within the block are all tenanted.
If attending the property (following your booking) please do not expect to see the entire 6 apartments.
We will do our best to show an apartment that faces north over Sheridan Place (either 2,4 or 6) and an apartment that faces over Augusta Road (either 1,3 or 5).
To inspect you will need to have made contact with John Smyth prior to organise your time allocation.

For further information or to organise a viewing please contact John Smyth on 0413 058 000.

Property History for 22 Augusta Rd, Manly, NSW 2095

A timeline of how this property has performed in the market
Last Sold
02 Dec 2024
Listed for Rent
$350/w
18 May 2008
  • 02 Dec 2024
    Sold
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 17 May 2022
    Sold
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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 11,203 properties. Over the last 5 years, Houses in Manly have seen a 49.02% increase in median value, while Units have seen a 31.59% increase. As at 30 November 2024:

  • The median value for Houses in Manly is $4,539,240 while the median value for Units is $1,836,676.
  • Houses have a median rent of $1,273 while Units have a median rent of $920.
There are currently 24 properties listed for sale, and 24 properties listed for rent in Manly on OnTheHouse. According to CoreLogic's data, 419 properties were sold in the past 12 months in Manly.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.