2/2A Gilbert Street, Manly NSW 2095
2/2A Gilbert Street, Manly NSW 2095
2-bed, 2-bath apartment | 152m² generous footprint | 1 secure car space | Flood overlay noted | Walk to wharf and beach
This apartment holds a competitive edge through its unusually generous floorplan for Manly, where most two-bedroom units trade closer to 100–120m². The 152m² layout supports genuine living space, not just a compact pied-à-terre, and the two-bath configuration adds practical comfort for couples, downsizers, or professionals wanting a low-maintenance base near the water. Its position within a boutique low-rise block, with lift access and secure parking in the same building, strengthens appeal for buyers prioritising convenience over character renovation. The location is hard to fault—short walking distance to the wharf, Corso, and harbour beaches—making this a strong fit for owner-occupiers seeking a lock-and-leave lifestyle, though the same attributes also attract investors given steady rental interest in this pocket.
The flood overlay is the most material factor to weigh, as it may influence insurance premiums and could restrict future renovation or extension options, even though the unit itself sits above ground level. The single car space, while useful, is less generous than some comparable apartments in the building, which might slightly temper resale demand. The lack of confirmed aspect or outlook means the actual view—whether harbour glimpses, courtyard, or street-facing—could shift perceived value noticeably. Buyers should also consider that the building’s finishes, while modern, may not match the premium fit-out seen in top-floor counterparts, so a careful inspection of internal condition and natural light is worthwhile before forming a price view.
|| Comparable Sales: 6/2A Gilbert Street sold $2.35M in 2020 | Property Price Band: $2.3M–$2.5M | Value Drivers: 152m² floorplan, proximity to wharf and beach, flood overlay impact
Detailed Independent Property Report prepared by PropCred Analyst team for 2/2A Gilbert Street, Manly NSW 2095
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Manly is a premier beachside suburb with a high-income demographic, positioning it as a lifestyle and investment destination. Demand is driven by affluent professionals and families seeking coastal living, supported by strong rental demand from CBD commuters. Recent price trends show moderate growth with some volatility, reflecting a market sensitive to interest rates. Future growth is anchored in its enduring lifestyle appeal and transport links, though high prices and limited supply present ongoing affordability and liquidity constraints.
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PropCred Estimated Value
Comparable Sales: 6/2A Gilbert Street sold $2.35M in 2020 | Property Price Band: $2.3M–$2.5M | Value Drivers: 152m² floorplan, proximity to wharf and beach, flood overlay impact
Bedrooms
2
Bathroom
2
Parking
1
Land
152m²
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