Seize the opportunity to own a substantial brick apartment block of 15, in one of Sydney's most in-demand areas, with low rental vacancy rates year round. Located just next to the coveted beachside suburbs of Bronte, Clovelly and Coogee, where real estate prices are soaring. Centennial Park is moments away and this block is set in a bustling, vibrant street, with cafes and loads of amenities within walking distance, in every direction. A golden opportunity for investors to tap into a highly popular market. Create luxury 1 bed + study apartments or redesign to 2 bedrooms STCA.
Set on a block of approximately 893m2. Good sized 1-bedroom apartments, each with a sunroom/study, are brimming with potential for upgrades that could significantly increase rental returns. A well maintained brick block in good condition now, but a few well-placed upgrades could substantially elevate rental returns, matching the high demand for quality apartments in the area. Water views are available from some of the apartments.
The coastal lifestyle is a key draw for renters seeking proximity to the sand, surf, and sun. This location offers unparalleled access to the thriving café scenes of Bronte, Clovelly and Coogee. Your tenants will enjoy trendy eateries, boutique shopping, and relaxed brunch spots just a short stroll away.
The Eastern Suburbs offer access to stunning coastal walks, parks, and world-class amenities, making it a dream for tenants who seek both convenience and leisure. This will always be a blue chip investment, with good capital and rental growth; due to the high rental and buyer demand for the area.
This is a rare chance to invest in the heart of Sydney's Eastern Suburbs, where property values continue to climb, and rental demand shows no sign of slowing.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 1 JULY 3PM.
IN CONJUNCTION WITH CHRISTIES INTERNATIONAL AND HIGHLAND DOUBLE BAY.
CHARLOTTE PETERSWALD 0407742120 CHRISTIES INTERNATIONAL
ANTHONY AND TONI RIZZO HIGHLAND DOUBLE BAY 0418 236 999
