22 The Crescent, Manly NSW 2095

Investors: a rare opportunity to secure a boutique Federation block of 5 fully strata titled apartments to be sold in one line. This world-class investment opportunity offers extraordinary possibilities, with current annual returns of $163K, scope to add instant value, and solid capital growth potential. Graced with breathtaking Harbour views, classic "Danesbury" resides in a peaceful Manly pocket, footsteps to the cosmopolitan action??? directly opposite a tranquil swimming beach.


Property Features

+ Building comprises 4 x 2 bedroom and 1 x 1 bedroom layouts
+ 3 apartments have been fully renovated to exude luxury beachside elegance
+ 2 are comfortably livable, yet ripe for renovation and value adding
+ Each features high ceilings, spacious double bedrooms & internal laundry
+ Ground floor layouts embrace private courtyards and/or deck + landscaped garden
+ 3 apartments capture glittering Harbour water views
+ Beautifully restored common areas and substantial share storage


Investment Benefits

+ High return holiday rentals and/or long-term tenancies with superb occupancy rates
+ Enjoy rare freedom to create your own Strata bylaws
+ Tenant some or all apartments, or sell individually for immediate capital gain, without having to part with entire block
+ Easily improve on existing returns with interior furnishing and/or further updates
+ Ideal prospect for self managed super funds; and offers land tax-friendly appeal
+ An incomparable blue-chip investment to hold, evolve, or on sell


Location

This outstanding property sits in a whisper quiet enclave that's removed from bustle, yet metres to sand, surf, caf?? culture, boutiques, fine restaurants, wine bars and more. Just one street from the Esplanade, two minutes walk to CBD ferries, and around 500m to Manly's lifestyle pulse, Sydney locations don't come any more desirable or iconic than this.


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