423 Esplanade Manly QLD 4179
Property Details for 423 Esplanade, Manly
Last Listing description (February 2021)
Tightly held waterfront properties become available only occasionally, ... and to find a freehold site that comes with an operating leasehold business in place is a rarity indeed !
The twin bay suburbs of Wynnum-Manly, the nearest bayside community to the Brisbane City CBD have shown excellent capital growth over the years, and, compared to similarly located suburbs on the eastern seaboard, within access to a major CBD, there is huge potential to capitalise on this location in the future.
Currently operating as a Fish & Chip take-away business, this particular site is positioned in the most popular location on the Moreton Bay waterfront Esplanade, close to Manly Village itself and directly across from broad waterfront parklands a popular holiday destination, and weekend destination for Brisbane residents and interstate travellers alike.
The business itself has an excellent floor plan accommodating indoor dining, and take-away service. There is a large storage room and fully equipped commercial kitchen. Plenty of off street parking available in front of the shop front itself, for clients and customers. The business also accommodates an upstairs apartment which features living areas plus three bedrooms.
The property/business is set on a deep 503 sqm allotment.
The prime feature of this site is the location:
With residential properties commanding sale prices in the range of $1M to $2M your investment in this location is assured and fully supported by surrounding home sales. Waterfront position, with views across the parklands north from the mouth of the Brisbane River, across the bay islands and south towards Royal Queensland Yacht Squadron marina and the neighbouring suburb of Wellington Point.
Your vision for this location and business opportunity will only be limited by your own imagine and expertise.
Inspections can be arranged by contacting your local experienced agent Reno Muscat of Re/Max Advantage on 3893 6709 or 0413 754 638.
Property History for 423 Esplanade, Manly, QLD 4179
- 19 Feb 2021Listed for Sale Offers over $1.2M
- 08 Sep 2020Listed for Sale Offers over $1.2M
- 18 Mar 2019Transferred for $1,100,000
Recent sales nearby
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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 2,010 properties. Over the last 5 years, Houses in Manly have seen a 87.00% increase in median value, while Units have seen a 96.27% increase. As at 31 March 2026:
- The median value for Houses in Manly is $1,787,537 while the median value for Units is $1,046,631.
- Houses have a median rent of $850 while Units have a median rent of $650.
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