Nestled on a block of approximately 320 sqm at the northern reaches of Birkley Road, is this older style property currently configured as 4 separate self-contained flats. Offering the astute buyer a secure return on your investment, as well as the opportunity to develop into a family home in one of the areas choicest locations.
With a gross return of over $84,000 a year and leases through to 2019, the property could be considered as a “blue chip” investment. Quiet location, spacious room sizes and all within easy
walk of the Manly swim centre, beaches and Manly CBD make this a must on your property shopping list!
Council Rates: $4,424.40 per annum approx.
Water Rates: $2,840.00 per annum approx.