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1/424 Pittwater Road, NORTH MANLY NSW, 2100

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2
1
1
6m2
Apartment

* Spacious apartment, unbelievable value!!! * Brilliant floor plan, polished floorboards * Small complex of eight, convenient location

* Internal laundry, sunny north aspect
* Surprisingly quiet at the rear of the block

Conveniently located and in a quiet rear position in the complex, this apartment has been nicely renovated throughout and is ready for either the first home buyer or investor. This property is currently tenanted and returning $390 per week rent. Situated on the ground floor of a small block of only eight units, the apartment offers an abundance of living space and has high ceilings (not vermiculite). The dining area, situated off the kitchen is an excellent size and forms part of a large living area. The bedrooms are also great sizes, with the main offering a mirrored built-in wardrobe. The kitchen has recently been renovated as has the bathroom and fitted with internal laundry facilities. With Freshwater Village and the city link moments away, this apartment will not last long.

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Council rates: $209 per quarter
Water rates: $113 per quarter
Strata levies: $776 per quarter
Current rental return: $390 per week

AREA PROFILE
The size of North Manly is approximately 1 km. It has 2 parks covering nearly 42% of the total area. The population of North Manly in 2001 was 2,280 people. By 2006 the population was 2,207 showing a population decline of 3% in the area during that time. The predominant age group in North Manly is 30 – 39 years. Households in North Manly are primarily couples with children and are likely to be repaying over $2000.00 per month on mortgage repayments. In general, people in North Manly work in a professional occupation. In 2001, 76% of the homes in North Manly were owner-occupied compared with 77% in 2006. Currently the median sale price of houses in the area is $865,000.

All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.

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