146-148 Queenscliff Road, Queenscliff, NSW, 2096, Australia

Placed on 879sqm with street frontage to two exclusive cul-de-sacs, this absolute premium parcel of land offers a raw development site with a host of possibilities (STCA). Showcasing breathtaking birds-eye views over Manly Lagoon to the ocean and district beyond, it is perfectly suited to a boutique development (STCA) to capitalise on strong demand from high-end executive’s and downsizers. Located directly across the road from the tranquil waters of Manly Lagoon and 800m of Queenscliff Beach, it is within a short stroll of a host of lifestyle attractions and within a level walk of Manly’s lifestyle hub.

* Existing Use Rights suggest scope for 6 elite residences (STCA)
* Existing building comprises five apartments on the one title
* Current gross rental return $223,600 p.a.
* The site slopes down from Queenscliff Road to Aitken Avenue
* The rear boundary adjoins a road that meets the water’s edge
* 50m to the waterfront Aitken Park and 200m to Hinkler Park
* 400m from buses to Manly Wharf and express to the city
* 450m to tennis courts, 580m to cosmopolitan Freshwater Village
* 650m to Harris Farm Markets, 1km to Manly Aquatic Centre
* 2km to Manly Village and 2.8km to Westfield Warringah Mall
* Rear street access to three existing lock-up garages and parking

Council: $5,795pa approx.
Water: $4,284pa approx.