4/161 Melville Tce, Manly is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 68m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Situated high on the Manly Terraces this two bedroom apartment presents a fantastic opportunity for an investor looking to add to their property portfolio.
Perfectly positioned on the second story this property offers two generous sized bedrooms, family bathroom, open plan living space featuring a functional kitchen with ample bench space and storage. The combined dining and living area opens out to the upper balcony taking in the fabulous views and prevailing bay breeze.
The single lock up garage is located underneath the property in the common garage area.
When location is everything this property gives you the freedom to enjoy all facets of bayside lifestyle including parklands along the waterfront, weekend markets and community events including Movies in the park, the Jazz festival, Halloween Parade and an abundance of things to do and see.
All within walking distance to Manly CBD, public transport, restaurants, cafes, wine bars and just a short stroll to Royal Queensland Yacht Squadron with Manly boat harbour being the largest boat harbour facility in the Southern Hemisphere and it sits right here on your door step.
Investors please not the potential weekly rental return is estimated between $290-$310 per week.
Easy access to Brisbane CBD, direct access to the Port of Brisbane, Gateway Arterial and Brisbane Airport. Within Manly School catchment and close proximity to some of Brisbane's finest private and public schools, including Ioan College and Moreton Bay Colleges'.
The size of Manly is approximately 1.7 square kilometres. There are 8 parks, covering nearly 9.7% of the 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 2,014 properties. Over the last 5 years, Houses in Manly have seen a 89.66% increase in median value, while Units have seen a 97.66% increase. As at 30 April 2026:
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