OFF MARKET

2/47 Preston Road
Manly West QLD 4179

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 87m2
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Last updated 11 Nov 2024
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Property Details for 2/47 Preston Rd, Manly West

2/47 Preston Rd, Manly West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 87m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1975
Floor Size
65m2
Land Size
87m2
Local Government
Brisbane
Lot/Plan
2/SP186746

Last Listing description (September 2023)

This two bedroom unit presents a great opportunity for someone looking to enter the Bayside market. Whether you are a 1st home buyer, co-buyers, young professional, or an investor looking to add to your portfolio, this property offers the perfect mix of lifestyle and value for money.

The convenience and practicality of being able to lock up and leave may be an interesting option for a retiree or grey nomad with upcoming travel plans.

Conveniently situated on the high side of Manly West in a small complex of three, just minutes from Manly Harbour Village and all that Bayside living has to offer.

- Upper level two bedroom unit
-Light filled interior with a fresh neutral colour palette
-Two spacious bedrooms, including the master bedroom with a large built-in wardrobe
-Spacious lounge room off the front balcony
-Well equipped kitchen with free standing electric Euromaid stove, granite benchtops and a functional use of space
-New carpets in the bedrooms and lounge room
-Air Conditioning in the living room and master bedroom
-Single garage with separate internal laundry located on the lower level
-Resident access to the common yard area
-Low body corporate fees of $687 per qtr
-Easy access to public transport with rail and bus links directly to the Brisbane CBD
-Direct access to the Port of Brisbane, Gateway Arterial, and Brisbane Airport
-Close proximity to childcare facilities and within Manly State School catchment
-Easy access to some of Brisbane's finest schools and colleges
-This property ticks many boxes as an ideal investment with a potential return of $340-$360 per week
-Close to Manly Village offering an array of cafes, restaurants, boutiques and local shops and world-renowned Yacht Clubs

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Property History for 2/47 Preston Rd, Manly West, QLD 4179

A timeline of how this property has performed in the market
Last Sold
$382,000
26 Feb 2023
Listed for Rent
$275/w
11 Dec 2017
  • 26 Feb 2023
    Sold for $382,000
  • 23 Feb 2023
    Listed for Sale UNDER CONTRACT
  • 01 Nov 2017
    Listed for Rent - Price not available
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About Manly West 4179

The size of Manly West is approximately 5.1 square kilometres. It has 25 parks covering nearly 11.7% of total area. The population of Manly West in 2011 was 11,194 people. By 2016 the population was 11,962 showing a population growth of 6.9% in the area during that time. The predominant age group in Manly West is 40-49 years. Households in Manly West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly West work in a professional occupation. In 2011, 70.4% of the homes in Manly West were owner-occupied compared with 70.4% in 2016.

Manly West has 5,141 properties. Over the last 5 years, Houses in Manly West have seen a 84.22% increase in median value, while Units have seen a 103.98% increase. As at 31 October 2024:

  • The median value for Houses in Manly West is $1,136,046 while the median value for Units is $803,036.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Manly west on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Manly west.

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