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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 caf?s, 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.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.03 km | 2 | 1 | 149m2 | Year 2024 Month 12 Day 05 | $1,655,000 | Council approved | |
 | 0.09 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 24 | $1,100,000 | Council approved | |
 | 0.08 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 11 | - | Council approved | |
 | 0.08 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 11 | $1,266,000 | Council approved | |
 | 0.09 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 04 | $1,265,000 | Council approved |