434 Pittwater Road, North Manly NSW 2100

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: $372,359.53 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.