125 Melville Terrace, Manly QLD 4179
125 Melville Terrace, Manly QLD 4179
5-bedroom main house with a self-contained 2-bedroom granny flat including a kitchen, on an approximate 504m² allotment in Manly. The dual-living configuration is its defining feature, offering flexibility for extended family or separate rental income. This positions the property uniquely within a suburb known for its bayside appeal and historic streetscape.
The dual-living setup is competitively rare in Manly, serving buyers seeking multigenerational accommodation or rental yield without sacrificing the main residence’s privacy. The historic street character and walking distance to the foreshore, markets, and transport add lifestyle depth, making this property most suitable for owner-occupiers wanting income offset or investors targeting high-demand bayside stock. The configuration effectively expands usable space beyond typical suburban offerings.
The conflicting bedroom count across sources may require verification, as a 3-bedroom main house would materially alter the property’s value proposition compared to a 5-bedroom configuration. The moderate 504m² lot size may limit expansion potential, though the existing granny flat already delivers dual-living functionality. Buyers should weigh the balance between the property’s unique flexibility and any inconsistencies in listing details when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 125 Melville Terrace, Manly QLD 4179
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Manly is an established bayside suburb characterised by strong capital growth and high buyer activity, driven by affluent professionals and families seeking its waterfront lifestyle and connectivity. The market demonstrates robust demand with houses transacting swiftly, reflecting its desirability. Future growth is underpinned by its prime location and limited supply, though high price points present a key affordability constraint and potential sensitivity to economic shifts.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
4
Land
506m²
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