11-13 The Crescent, MANLY NSW

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MANLY NSW 11-13 The Crescent

In a prime harbourside location with spectacular views from Manly Cove to the ocean through Sydney Heads, this c1920 property shows excellent returns. Comprised of 11 dwellings, it is currently returning approximately $187,000 per annum.

Blue chip land holding with redevelopment potential (STCA)
Short level stroll to Manly Wharf and harbour beach
A short stroll to The Corso and ocean beach
Footsteps to lively cafés and a mix of thriving eateries
Situated on 526sqm of land with two street frontages
Many of the apartments enjoy spectacular views
10 one bedroom apartments and a two bedroom cottage
Majority of the dwellings have been renovated
Existing floor space ratio is 1.14:1
Lock-up garage, scope to invest or further enhance

property details
sold $3,000,000

council rates $6,816pa
water rates $3,078pa
web id 91268

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sales agent

	Jake Rowe
	t	02 8962 2202
	m	0414 612 546
	e	email Jake
		view agent profile

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Captain Arthur Phillip, shortly after he steered the First Fleet into Sydney Harbour, named Manly, on the northern side of the Harbour, after the “confidence and manly behaviour” of the local Aborigines. If you take a look at the beach these days, you won’t be surprised to see the locals are still somewhat similar. Manly epitomises Australia’s beach culture. You’ll find it perfectly wedged between the Harbour, North Head and the Pacific Ocean. It’s world famous for its ferry ride from the city,...