$10,600,000

24 Bed  •  15 Bath  •  12 Car  •  810m²

Main view of Homely block of units listing, 97 Queenscliff Road, Queenscliff NSW 2096
Floorplan of Homely block of units listing, 97 Queenscliff Road, Queenscliff NSW 2096
Second view of Homely block of units listing, 97 Queenscliff Road, Queenscliff NSW 2096
+15

Sold

97 Queenscliff Road, Queenscliff NSW 2096

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$10,600,000

  • 24
  • 15
  • 12
  • 810m²

Block of Units Sold on Fri 7 Feb, 2025

What's around Queenscliff Road

Block of Units description

“Beachside Investment with Exceptional Development Potential (stca)”

Presenting a rare opportunity to secure a prime investment in one of Sydney's most coveted coastal suburbs. 97 Queenscliff Road is a boutique block comprising 15 units. Offering investors a solid rental income with the potential for significant future gains. This unique property not only provides immediate returns but also holds substantial development potential (STCA) in the highly desirable Queenscliff area.

Situated just moments from the stunning Queenscliff and Manly Beaches, this property captures the essence of beachside living while remaining close to all the conveniences of Manly's vibrant retail, dining, and transport hub. Perfectly positioned for lifestyle and leisure, 97 Queenscliff Road is the ideal choice for astute investors and developers alike.

Key Features:

• 15 Units - 9 two-bedroom units and 6 one-bedroom units.
• Prime Location: Short walk to Queenscliff Beach, Manly, and Freshwater.
• Strong Rental Yields: Consistently high demand from tenants seeking a beachside lifestyle.
• Development Potential: Zoned R3 Medium Density Residential, offering options for future redevelopment or expansion (STCA).
• Excellent Accessibility: Easy access to public transport, Manly Wharf, local cafés, restaurants, and retail outlets.
• Solid Investment: Secure rental income with low vacancy rates in a high-growth area.

Investment Highlights:

• Income Stream: Combination of one and two-bedroom units provides rental flexibility and strong income potential.

• Future Value Upside: Opportunity to redevelop or strata-title units for individual sale (STCA), maximizing long-term capital growth.

• Desirable Coastal Market: Located in a tightly held suburb with ongoing demand and limited supply, ensuring stable capital appreciation.

• Expand Your Portfolio: Enhance your investment with the option to acquire the neighboring 101 Queenscliff Road, offering a total of 25 units in a premium location.


Don't miss this exceptional opportunity to invest in a high-demand area with the potential to develop a landmark coastal property.

Property features

balcony

Balcony

broadband

Broadband

builtInRobes

Built-in Robes

dishwasher

Dishwasher

ensuites

Ensuites: 1

floorboards

Floorboards

livingAreas

Living Areas: 15

toilets

Toilets: 15

Other features

Area Views, Close to Schools, Close to Shops, Close to Transport, Ocean Views, Openable Windows

Council rates

$12968 Yearly

Land details

Area: 810m²
Frontage: 15m²

Property video

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Fourth view of Homely block of units listing, 97 Queenscliff Road, Queenscliff NSW 2096View more

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97 Queenscliff Road, Queenscliff NSW 2096
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