56 Ernest Street, Manly, QLD 4179 | Property Value & History | OnTheHouse
 
OFF MARKET

56 Ernest Street
Manly QLD 4179

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 470m2
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Property Details for 56 Ernest St, Manly

Building Type
Commercial
Land Size
470m2
Local Government
Brisbane
Lot/Plan
41/RP33142

Last Listing description (May 2018)

James Dean Commercial is pleased to present this rare investment opportunity 'Manly Lodge'. This is the first time this property has been offered to the market in over 35 years. Manly Lodge is a free standing registered residential boarding house with 15 rooms, underpinned by a 470m2 elevated block of land with views of Moreton Bay. Boasting a significant instant income this property is suitable for the astute investor or Self Managed Super Fund (SMSF).
Manly Lodge has been owned and operated by a local family that is now looking to retire and a genuine and realistic sale process will take place in early 2018.
Key Features Include:

- Free Standing 407m2 elevated block of land with bay views
- Registered operational residential 15 room boarding house
- Zoned CR1 'Character' (Pre 1946)
- Well maintained
- Annual Nett income of $98,947.41 (Nett Income = Income AFTER outgoings)
- Onsite care taker
Manly Lodge is in a great location, opposite Manly State School, 50m to Manly Train-station and just a short walk to the Wynnum / Manly foreshore, restaurants, bars & cafe's.
The owners are also selling 'Wynnum Lodge' located at 426 Tingal Rd, Wynnum. These properties can be sold individually or in one line. Expressions Of Interest will close 5pm Wednesday 28th February 2018. The property can be sold prior to this date. Contact the exclusive agents for a copy of the information memorandum or to arrange your private viewing.

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Property History for 56 Ernest St, Manly, QLD 4179

A timeline of how this property has performed in the market
Listed for Rent
$145/w
09 Jan 2013
  • 05 Feb 2018
    Listed for Sale Contact Agent
  • 09 Jan 2013
    Listed for Rent - Price not available
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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 2,003 properties. Over the last 5 years, Houses in Manly have seen a 87.15% increase in median value, while Units have seen a 63.55% increase. As at 30 November 2025:

  • The median value for Houses in Manly is $1,633,299 while the median value for Units is $893,557.
  • Houses have a median rent of $725 while Units have a median rent of $630.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Manly on OnTheHouse. According to Cotality's data, 110 properties were sold in the past 12 months in Manly.

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© Copyright 2026. 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.

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