16/1 Addison Road, Manly NSW 2095

3 bed, 2 bath, 1 car apartment | Premium Manly waterfront building | Strong rental demand | Heritage overlay applies This is a well-configured three-bedroom apartment in a tightly held, older-style strata building on a generous 2,415-square-metre parcel, positioned within one of Manly’s most desirable waterfront pockets. The building’s absolute waterfront security and harbour panorama marketing signals that premium outlooks are available, though the specific unit’s aspect is not confirmed. It sits within the catchment for Manly Village Public School and a Northern Beaches Secondary College campus, appealing strongly to downsizers and owner-occupiers seeking lifestyle proximity to the harbour and beach. The rental demand is robust, with another unit in the building achieving $1,495 per week, and a gross yield reference of roughly 3.32 percent from a nearby apartment suggests solid income potential for investors. Digital connectivity is strong with NBN fibre and 5G coverage, while the heritage overlay adds character but may limit future alterations. The heritage overlay may constrain renovation or extension possibilities, which could affect long-term value for buyers seeking to upgrade. The building’s age is not verified, so older stock might require attention to finishes, services, or common property contributions. Unit-specific outlook, floor level, and internal condition are not confirmed, so the actual view and layout quality could vary significantly from the building’s premium waterfront reputation. A recent planning application at 16 Addison Road for a boat shed and alterations indicates some development activity nearby, which may influence neighbourhood character or amenity. Buyers should verify the exact aspect, strata records, and any upcoming levies before forming a price view.