3/50 Raglan Street, Manly NSW 2095

Situated on the 1st floor of "Ivanhoe" this art deco strata building of just 6 apartments, offers spacious accommodation including a large sunroom, high ornate ceilings and all the charm of the Era. Overlooking Manly Oval perfect for those lazy summer afternoons. Positioned perfectly just 200 meters away from Manly beach front and close to shops and restaurants with Manly ferry just a stroll away. This completely renovated character filled apartment offers you the lifestyle that most people envy.

Investors note: This property is currently rented as a short term furnished apartment and can be sold with or without current bookings. The current rent being achieved (peak season) is between $6,000-$7,000 per month. The rent being achieved in the (off season) is around $4,000 per month. The current owner has rented the apartment for sometime and has a history of these rents being achieved. Alternatively, should you wish to lease the property unfurnished the likely rent is $700 per week.

This building also has the added advantage of being zoned for commercial and residential use.
Approximate quarterly outgoings:
    Levies: $875
    Council rates: $326
    Water rates: $173
    TOTAL: $1,374 per quarter

Details: Andrew Thomas 0421281234 or [email protected]

Solicitor: Rob Rigg, Gavin Williams & Associates : 02 9913 9861, Shop 1, 10 Rickard Road North Narrabeen NSW 2101, [email protected]

Strata Manager: , Strata Real Estate Services : 1300 997 905, Suite 6, Level 2, 122-126 Old Pittwater Road Brookvale NSW 2100, [email protected]

Features include:

* 2 double bedrooms with built-ins
* Good size lounge with feature fireplace
* Spacious bathroom with walk in shower
* Approx 90sqm of living area
* Renovated kitchen with rear access
* The best location in the heart of Manly
* Timber polished floors
* Great sunroom overlooking the Oval
* Security building & Pet friendly (subject to strata approval)
* Fabulous long term investment with high yield