16 Ernest Street, Manly QLD 4179

Located in the sought-after Bayside suburb of Manly with current Bay views and just a few minutes walk to the Manly Village (with its cafes and restaurants), Esplanade, and Marina, we present an ideal investment opportunity for the savvy investor. This four bedroom, three bathroom property with plenty of parking has been significantly built-in underneath with extra utility areas, and is currently renting at $635 per week with the possibility of increasing rent at end of lease - December 2021.

Rental properties with this space, returns and location are hard to come by and long-term holding can only be advantageous. The property sits on 458sqm.

Furthermore, a childcare centre has been approved to the adjoining properties and with schools, local shops, bus and train amenities on your doorstep, this would be a great addition to your investment portfolio or to move in at the end of the lease, especially with promising property prospects in the Bay area and with Brisbane being confirmed as the host city of the 2032 Olympics.

Features:
• Built over 2 levels.
• Undercover and off-street parking.
• Rear deck with current Bay views.
• Walking distance to all amenities.
• Good rental returns.


Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.