507 Royal EsplanadeManly QLD 4179
Property Details for 507 Royal Esp, Manly
507 Royal Esp, Manly is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 514m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Manly in the last 12 months.
Last Listing description (May 2024)
Overlooking Manly Boat Harbour with unrestricted views, this unique property is zoned Low Medium Density Residential and 'Subject to Council Approval', may provide the new owner with a number of development options. The 21m frontage provides endless opportunities.
Regardless of whether your aim is to create a new home for yourself or if you plan to redevelop the site, your project should reap the rewards in this fantastic elevated esplanade position.
Views & breezes are captured from most rooms, with perfectly placed windows and balconies to take in the outstanding views.
The current dwelling is grand in size, although dated, has loads of potential. The floor plan lends to a dual living property. Multi family members would love the separation and space this property provides.
The property has been solidly built, and been loved by the same family since construction in the mid nineties.
The home provides a great opportunity to renovate, and create an ideal large family home, a short stay holiday rental and scope for dual income. For the seasoned renovator, there is the opportunity to add significant value and to create a desirable residence in the heart of Manly while retaining future development opportunities.
Located in one of the most prestigious streets of Manly, the home towers the block with marina and boat harbour views rarely on offer.
Minutes walk to Manly Village, caf & restaurant Precinct, providing the new owners with an enviable lifestyle or development opportunity at this prestigious Manly address.
Private inspections can be arranged.
Property History for 507 Royal Esp, Manly, QLD 4179
- 13 Mar 2024Sold for $2,300,000
- 22 Jan 2024Listed for Sale Offers Over $2,300,000
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0About 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 1,916 properties. Over the last 5 years, Houses in Manly have seen a 87.55% increase in median value, while Units have seen a 56.99% increase. As at 31 October 2024:
- The median value for Houses in Manly is $1,459,172 while the median value for Units is $862,826.
- Houses have a median rent of $790 while Units have a median rent of $590.
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