Manly

71 Addison Road

9 4

SOLD - Undisclosed

Rare opportunity to secure entire apartment block on Eastern Hill

Offering a rare opportunity for investors, this well-performing boutique block of 4 apartments is situated in one of Manly's most sought-after streets, only moments away from Manly beach, local cafés, shops and restaurants. Set on approx. 203sqm of land in Manly's exclusive Eastern Hill, this property is an ideal investment to hold with plenty of potential to add value.

- Auction to be held at Stone Manly, 10 Darley Road, Manly
- Set within 'Ashbrook', a tidy full-brick security building with strong history of rental growth
- Currently returning approx. $152,880.00pa with great potential to increase in the long term
- Spanning over two levels, 2 x two-bedroom apartments, 1 x four-bedroom apartment, 1 x one-bedroom apartment
- Low maintenance, readymade investment to maximise returns, newly renovated and painted
- Moments away from the iconic Manly Beach, the Corso, local cafes, bars, abundant dining options and village shops
- Short stroll to Manly Wharf ferries, local buses and supermarkets
- Auction to be held at Stone Manly 10 Darley Road, Manly

Council rates: $382pq approx.
Water rates: 160pq approx.

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