19 Upper Gilbert St, Manly is a 12 bedroom, 6 bathroom Unit with 3 parking spaces. The property has a land size of 485m2 and floor size of 146m2.
Born in 1936 and still stealing the spotlight, this Manly block proves some things only get better with age. Six apartments, three garages, one title - and enough upside to make any investor weak at the knees. Renovate, reposition, or simply hold and harvest.
Key Features at a Glance
6 x two-bedroom, one-bathroom apartments
The Details that Matter
Currently returning approx. $270,000 p.a.
Garages offer further income potential if leased independently
No heritage restrictions, allowing flexibility for upgrades or redevelopment (STCA)
Exceptionally low vacancy in Manly ensures consistent returns
Secure long-term landholding in one of Sydney's most desirable coastal markets
Why You'll Love the Location
Upper Gilbert Street puts you in the very heart of Manly. Stroll six minutes to the Wharf, the Corso, and Manly Beach. Cafs, restaurants, supermarkets, schools, and transport are all moments away, making this address an attractive proposition for both tenants and owner-occupiers alike.
Life Lens
Picture this: a 1930s building that has weathered generations, each unit telling its own story. Today, it's a reliable income stream with six doors delivering rent. Tomorrow, it's your blank canvas - modernise the interiors, lift the rental profile, or reimagine the entire block. From morning swims at Manly Beach to evening ferry rides to the city, this is more than just an asset - it's a once-in-a-generation chance to own a slice of Sydney's coastal history.
Inspect by appointment or as advertised.
The size of Manly is approximately 5.6 square kilometres. There are 19 parks, covering nearly 47.5% of the total area. The population of Manly in 2016 was 15866 people. By 2021 the population was 16296 showing a population growth of 2.7% in the area during that time. The predominant age group in Manly is 30-39 years. Households in Manly are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Manly work in a professional occupation.In 2021, 46.10% of the homes in Manly were owner-occupied compared with 45.70% in 2016.
Manly has 11,233 properties. Over the last 5 years, Houses in Manly have seen a 13.82% increase in median value, while Units have seen a 6.75% increase. As at 31 July 2026:
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