Gowrie 10 Victoria Pde Apartment Building For Sale Manly, NSW 2095

10 Victoria Parade presents a rare opportunity to secure a premium residential investment in the heart of Manly, one of Sydney’s most desirable coastal suburbs. Positioned at the narrowest point of the Manly peninsula, this property offers unparalleled access to the area’s most iconic attractions, including Manly Beach, Manly Wharf, The Corso, and Manly Cove, all within a short walk. The location ensures strong tenant demand and long-term capital growth potential, supported by the Northern Beaches’ consistently high-performing residential market.
Known as “Gowrie,” this three-story freehold apartment block comprises 17 well-configured residential apartments, delivering a current annual income of $523,927 with significant scope for rental uplift. The property occupies a 635 m² land parcel with a 13-meter frontage along Victoria Parade, complemented by public perpendicular parking and underground power lines that enhance its visual appeal and maintain unobstructed views.
This freestanding investment offers multiple value-add strategies, including refurbishment, repositioning, or redevelopment (subject to council approval), making it an attractive proposition for investors seeking both immediate income and long-term upside. Offered for sale via Expressions of Interest, 10 Victoria Parade is a blue-chip asset in a tightly held market, combining location, scale, and future growth potential in one of Sydney’s most prestigious coastal enclaves.