1/409 Esplanade Manly QLD 4179
Property Details for 1/409 Esplanade, Manly
Last Listing description (April 2019)
Place Estate Agents Manly are pleased to offer this unique ground floor freehold investment at 409 Esplanade Manly. This iconic Manly waterfront building, strategically positioned on a commanding corner position on the corner of Nelson Parade and Esplanade Manly at the entrance to one of Brisbane s premier waterfront strips, this property offers spectacular ocean views of Moreton Bay. This easily managed single tenanted investment is currently leased to Coopers cafe & catering. With a 2.5 year lease, the property provides a secure income of $127,000 per annum (approx).
Operators and investors can no doubt recognise the potential of this five star property. Commercial properties in Manly are tightly held by only a handful of owners and a property this impressive on the esplanade is not likely to come up for many years.
Call today to book your inspection.
- 100% occupied
- Fixed 4.75% annual increases
- Net lettable area 108sqm (approx.)
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 1/409 Esplanade, Manly, QLD 4179
- 02 Jul 2024Sold for $2,280,000
- 20 Feb 2019Sold for $1,550,000
- 04 Oct 2018Listed for Sale EXPRESSIONS OF INTEREST
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About Manly 4179
The size of Manly is approximately 1.7 square kilometres. It has 8 parks covering nearly 9.7% of total area. The population of Manly in 2016 was 4064 people. By 2021 the population was 4273 showing a population growth of 5.1% in the area during that time. The predominant age group in Manly is 50-59 years. Households in Manly are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly work in a professional occupation.In 2021, 68.00% of the homes in Manly were owner-occupied compared with 67.20% in 2016.
Manly has 2,004 properties. Over the last 5 years, Houses in Manly have seen a 89.72% increase in median value, while Units have seen a 74.56% increase. As at 31 December 2025:
- The median value for Houses in Manly is $1,655,775 while the median value for Units is $948,343.
- Houses have a median rent of $725 while Units have a median rent of $630.
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