138-140 Pittwater Road, Manly, NSW 2095 | Property Value & History | OnTheHouse
 
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138-140 Pittwater Road
Manly NSW 2095

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Floor area: 288m2
Land area: 423m2
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Property Details for 138-140 Pittwater Rd, Manly

138-140 Pittwater Rd, Manly is a 8 bedroom, 4 bathroom House and was built in 1920. The property has a land size of 423m2 and floor size of 288m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1920
Floor Size
288m2
Land Size
423m2
Local Government
Northern Beaches
Lot/Plan
3/DP1069285

Last Listing description (January 2023)

An absolute prime investment opportunity with potential future upside (STCA), this entire block of apartments is superbly situated within 220 metres of world-famous Manly Beach. A boutique early 1920's building of only four, each of the exceptionally bright and spacious character apartments have been recently enhanced with stylish modern finishes and open to a vast elevated deck and private courtyards, lawn, and gardens. Offering the possibility of further capitalising via a Strata title conversion or redevelop into two semi-detached homes (STCA), its premier lifestyle address is only a short stroll to Manly's cosmopolitan village hub and city ferry terminal.

* Two storey walk-up building set on a near level 431sqm block

* The two ground floor apartments open to private courtyards
* The two upstairs flow to a vast sundeck with leafy outlooks
* Total value of the individual units combined is $6.5m + approx.
* Potential to increase the total value of the units to $8m approx.
* High yielding residential investment current gross yield 3.6%
* Potential to increase the rental yield to 4.6% approx.
* R3 - Medium Density Residential which allows strata units, town homes or duplex's
* Building Height limit of 8.5m with an FSR of 0.6:1
* Ability to convert this freehold unit block to strata title (STCA)
* Generous living rooms and dining areas adjoin the kitchen
* Sleek stone and gas kitchens with stainless steel dishwashers
* Oversized bedrooms with mirrored built-ins
* Chic bathrooms with Travertine look floor-to-ceiling tilling
* Upstairs sunrooms or studies with leafy streetscape outlooks
* Internal laundries, gas outlets in fireplaces, air con upstairs
* High patterned ceilings, ornate cast iron/timber fireplaces
* Covered rear terrace, level lawn and landscaped gardens
* Footsteps to eateries/deli's on Pittwater Rd and beachfront
* 700m to village, shops, and eateries, 1km to Manly Wharf
* Fully leased and currently returns $180,000 per annum approx.


Council: $4,797pa approx.
Water: $2,560pa approx.

All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently, we cannot guarantee its accuracy. Any person using this information should rely on their own enquiries and verify all relevant details for their accuracy, effect and currency

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Property History for 138-140 Pittwater Rd, Manly, NSW 2095

A timeline of how this property has performed in the market
Last Sold
$5,000,000
23 Jan 2023
  • 23 Jan 2023
    Sold for $5,000,000
  • 13 Oct 2022
    Listed for Sale For Sale: Guide $5,000,000
  • 07 Aug 2021
    Listed for Sale Contact agent
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About Manly 2095

The size of Manly is approximately 5.6 square kilometres. It has 19 parks covering nearly 47.5% of 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 11,214 properties. Over the last 5 years, Houses in Manly have seen a 44.58% increase in median value, while Units have seen a 37.34% increase. As at 30 November 2025:

  • The median value for Houses in Manly is $4,469,608 while the median value for Units is $1,799,596.
  • Houses have a median rent of $1,000 while Units have a median rent of $1,050.
There are currently 18 properties listed for sale, and 25 properties listed for rent in Manly on OnTheHouse. According to Cotality's data, 405 properties were sold in the past 12 months in Manly.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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