10 Victoria Parade boasts an exclusive location near Manly's prime attractions, making it one of the most coveted spots in the Northern Beaches. Nestled at the narrowest point of the Manly peninsula, it's a short stroll from Manly Wharf, Manly Beach, The Corso, and Manly Cove. There is scope for upside in both rental income and value for the building, as the Manly residential market continues to set new records in sales values.
Also referred to as Gowrie, the three-story freehold apartment block is comprised of 17 residential apartments. Situated with a generous 13-meter frontage on Victoria Parade, this property enjoys public perpendicular parking along the entire street. Notably, it benefits from underground power lines, ensuring uninterrupted views of the building and enhancing its streetscape appeal.
Details in Brief:
- Freestanding Investment
- 17 Residential Apartments
- 635m2 land area
- 809m2 net Apartment area
- $523,927 current income PA
- Large rental upside possible
For Sale via Expressions of Interest, contact us now for details.