27 Raeburn Street, Manly QLD 4179

Welcome to 27 Raeburn Street, Manly — an 810m² bayside opportunity where smart investors, builders, and visionaries come to play.

Sitting across two already-registered lots (L58 & L59, each 405m²), this address opens the door to a rare chance: build two new homes (STCA) in one of Brisbane’s most in-demand coastal suburbs without the need to subdivide.

The existing 2-bedroom, 1-bathroom highset home is clean, solid, and rental-ready, with a current appraisal of $580–$600 per week. That’s money in your pocket while you design your next move.

Whether you're looking to:

Land bank with income,

Unlock a development project in a tightly held street, or

Secure a premium position in the Manly State School catchment,

This property delivers flexibility, holding power, and long-term upside.

🔑 At a Glance:
810m² block on two lots (L58 & L59 – each 10m x 40.5m)

No subdivision required

Rent-ready 2-bed, 1-bath home with modern kitchen and bathroom

Driveway and fencing in place

Side access and generous backyard


New builds (x2) from approx. $875k–$1.075m total (incl. demo, siteworks, landscaping)

📍 Why Buyers Are Watching Manly:
Manly State School catchment – top-tier education with long waitlists and high local property premiums
Lifestyle: The largest Marina in Australia has encouraged fine dining and entertainment venues such as The Boat House, The Arsonist, Adelita Wine Bar, Cedar & Pine, and Three Musketeers French cafe.

This property is Walking distance to Manly Village cafés, train station, and the marina

1.5km to the Waterfront

Easy 20-minute commute to Brisbane CBD

Surrounded by million-dollar homes and quality new builds

💼 Your Strategy, Your Way:
✔️ Rent it out and collect strong income while you submit plans
✔️ Knock it down and build two new homes (STCA)
✔️ Land bank in a tightly held, high-growth coastal corridor

📞 Call Michael O'Brien on 0401 938 302 to arrange a walk-through or request the full development info pack. Opportunities like this don’t wait — and neither should you.