13/49 Osborne Road, Manly NSW 2095

Fourth floor | ocean and harbour views | 250m to Little Manly Beach | strong value gap to median This apartment occupies a rare position in the Blue Waters building: elevated fourth floor with lift access, all-day sun, and sweeping coastal views that are difficult to replicate in this price bracket. The 126 square metres offer genuine three-bedroom, two-bathroom living with a substantial balcony, stone kitchen, and internal laundry—features that typically command a premium in the Manly apartment market. For a buyer seeking a permanent residence or a high-yield rental property, the estimated weekly rent of $1,615 provides a solid income floor, while the $2.25 million guide sits well below the estimated $2.6–$2.8 million value range. This property best suits a professional couple or family wanting immediate lifestyle access to Little Manly Beach, the ferry, and village, with strong capital growth potential given the 56% auction clearance rate and $3.3 million Manly median. The primary risk is the 2013 purchase price of $1.18 million, which may attract scrutiny from cautious buyers, but the 90%+ appreciation since then reflects genuine market movement rather than speculation. The 50/50 owner-renter split in the building is balanced, though one recent sale suggests limited turnover. The property has no heritage or flood overlays, and NBN fibre is a supporting value add. Buyers should note the auction on 23 May, and the 6-day market time indicates fresh listing momentum. Hold this property as a long-term owner-occupier or a rental investment with strong yield, and avoid overpaying beyond the guide.