Blue Chip Investment

Nestled in arguably one of Manly’s most sought after locations is this freestanding block of 5 self contained flats.

Set over two levels, the property offers three one bedroom flats, a two bedroom rear apartment plus a studio style flat. In good condition throughout, the property has a proven track record of consistent rental returns and on current estimates provides in excess of $92,800 in gross income per annum.

For the renovator, there may be an opportunity for an addition to the property and for the home occupier you could occupy one flat and collect an income from the others. Limited harbour views from the upper rear level come as a bonus. The property has a current building certificate from local council.

Inspection times can be arranged by appointment or as advertised.

Details: Andrew Reynhout 041 232 4400