Capitalise on this incredibly rare opportunity to secure an entire boutique Art Deco block of eight apartments, each are 82sqm internal with two bedrooms and a sunroom plus four have elevated ocean views. It occupies a 752sqm beachside block with dual frontage.
- Unique development, investment or superannuation opportunity
- Rear lane access to garage, scope for further parking (STCA)
- All apartments are tenanted with potential to increase rent
- Strata title, attracting gross returns of $264,160 per annum
- Steeped in Art Deco features, timber floors, picture rails
- Well presented gas kitchens and tastefully styled bathrooms
- Good sized bedrooms with sunlit windows, internal laundries
- Quiet, tree lined street with easy access to transport
- Walk to Clovelly Beach, Gordons Bay and Clovelly Road cafs
- Co-agent Nick Bordin McGrath Estate Agents 0423 238 062
Land size 752sqm
Council rates: $10,200 p/a
Water rates: $5,694 p/a
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