1 / 16
FOR SALE VIA EXPRESSION OF INTEREST

434 Pittwater Road, North Manly NSW 2100

15 Bed

16 Bath

4 Car

778 m²

504 m²

1 / 16
FOR SALE VIA EXPRESSION OF INTEREST

434 Pittwater Road, North Manly NSW 2100

15 Bed

16 Bath

4 Car

778 m²

504 m²

Share this listing

MANLY MAISONETTES FOR SALE! NEWLY BUILT DOUBLE BRICK APARTMENT BLOCK

Exclusively Listed by Novak Properties. Novak Properties is proud to present Manly Maisonettes, a modern, purpose-built boarding house located in the highly sought-after beachside suburb of North Manly, on Sydney's prestigious Northern Beaches.

Property Highlights:

| Land size: 778m²
| Internal floor area: 504m²
| High-quality, double brick construction
| 15 Self-contained studio apartments
| Current gross passing income: $343,775 p.a.
| 100% Occupancy rate
| Internal lift access between levels
| 4 On-site car spaces generating additional income
| Zoning: R2 Low-Density Residential – strong underlying land value
| Construction Completed in 2017 – Depreciation Benefits Available
| Proven track record of strong occupancy
| Additional Revenue from communal laundry facilities
| Extensive 36.5m frontage to Pittwater Road
| Two private outdoor balcony areas
| Additional garage/storage room

Each studio is thoughtfully designed with an open-plan layout, combining living, dining, bedroom, and kitchenette areas, along with a private, fully equipped bathroom.

Constructed over two levels with lift access between a durable Colorbond roof, this modern boarding house represents a rare investment opportunity in a tightly held location.

Location

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