4/48 Gordon Street, Manly Vale NSW 2093

Quiet north-facing strata flat | strong school catchment | 2-bed with garage | active Gordon Street market. This property sits in a tightly held small complex on a quiet local road, which limits turnover and supports price stability. The combination of a garage, good school catchment, and proximity to park and transport gives it a practical edge over comparable units in the area. It suits owner-occupiers seeking a low-maintenance home or investors targeting reliable rental demand, as median rent of $835pw suggests solid yield potential for a two-bedroom unit. The absence of bushfire, flood, or heritage overlays reduces due diligence risk, but the 2007 sale date means the property may need updating, and a strata inspection is essential to assess sinking fund health and any upcoming levies. Comparable sales on Gordon Street remain undisclosed, so pricing relies on estimates that vary by over $100,000. Buyers should negotiate based on condition and recent comparable rentals, not vendor expectations. Hold for steady capital growth in a constrained market, or rent for consistent income.