THE SEASIDE APARTMENT THAT THINKS IT’S A HOUSE
This property delivers on all the best bits of living in Sydney without the high maintenance
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For Sydneysiders attracted to the dual amenities of a beach location and city services, it is hard to imagine a better address than this apartment at Grande Esplanade, Manly.
Positioned across the road from the harbourside beach and Manly Wharf, this three-bedroom, two-bathroom property enjoys the ideal mix of privacy and accessibility to shops, restaurants and public transport, as well as being a stone’s throw from the water. Now on the market since the passing of the original owners, Ian and Dorothy Hales, who bought the apartment off the plan, it’s a rare opportunity for families, downsizers or professional couples with ‘work from home’ arrangements to achieve work/life balance in a covetable setting. The former owners found the property well suited to ageing in place, with indoor and outdoor living spaces to enjoy, as well as easy access.
With a generous 322sqm floorplan on title, the light-filled third floor apartment has direct access to shared gardens, which are maintained by building management, making the property feel more like a house. The former owners used the gardens to host family events, including a wedding during COVID, and it’s a great vantage point for watching the New Year’s Eve fireworks on the harbour.
With a $6 million price guide, it is sure to attract strong interest as a low maintenance, high amenity option.
Address: 303/54 West Esplanade, Manly
Auction: 10am February 25, 2023
Next inspection:
Price guide:
Agents: Jake Rowe 0414 612 546; Nathan Tse 0411 386 455 The Agency
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For as little as $48,000, buyers can hold a three-bedroom luxury Eveleigh residence in Broadbeach, with completion not due until late 2028.
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Buyers eyeing Eveleigh Broadbeach no longer need to find a full deposit to lock in an apartment.
Using a deposit bond, purchasers can secure one of the development’s 94 premium residences for as little as $48,000, holding their apartment until completion in late 2028 without tying up hundreds of thousands of dollars in cash.
It’s a structure that’s already proving popular. Rather than a full cash deposit of 5 or 10 per cent, buyers pay a one-off fee for a deposit bond, a financial guarantee issued by an approved provider that provides sellers with the same security as cash.
If the purchase completes as agreed, the bond simply expires.
For buyers with sufficient assets but who would rather keep their money working for them, whether that’s an investment portfolio, proceeds from another sale, or savings earning interest, the deposit bond removes the pressure to find a lump sum upfront.
The apartment is secured, the cash stays liquid, and settlement isn’t due for more than two years.
Designed by Rothelowman and developed by Hirsch & Faigen, with construction by Maxcon, Eveleigh is a 30-level tower delivering just four residences per floor across two- and three-bedroom layouts.
Rather than traditional wraparound balconies, living spaces are brought directly to the glass, so the ocean horizon becomes part of the everyday experience rather than something viewed from behind a rail.
Residents will have access to a north-facing pool, hot and cold plunge pools, wellness facilities and indoor and outdoor entertaining spaces, along with a rooftop residents’ lounge offering panoramic coastal views.
The timing suits a market that isn’t slowing down. Broadbeach has recorded capital growth of 20 to 25 per cent year-on-year in some segments over the past 12 months, with vacancy rates sitting around one per cent.
Two-bedroom luxury apartments are achieving $1,500 a week in rent, three-bedroom more than $2,000, on a permanent, long-term basis.
“Secure now with just $48,000 and look forward to your new home in late 2028,” says LJ Hooker Broadbeach principal Matt Conduit.
To find out more about securing an apartment at Eveleigh Broadbeach with a deposit bond, contact Matt Conduit on 0418 741 949
*$49,500 payment is a deposit bond premium, based on a purchase price of $2,870,000. Subject to approved purchasers, Terms and conditions apply.
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