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BLUE CHIP BEACHSIDE INVESTMENT – WHOLE UNIT BLOCK FOR SALE – 4 X 2 BED APARTMENTS – WALK TO THE BEACH – CLOVELLY

23 BOUNDARY STREET,
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Overview

  • Updated On:
  • June 11, 2019
  • 8 Bedrooms
  • 4 Bathrooms
  • 4 Garages

AUCTION: SATURDAY 08 JUNE 2019; 9:00AM

Contact the listing agent from the link below for further details:
LJ HOOKER RANDWICK


CLOVELLY

  • Clovelly is a bechside suburb in Sydney’s eastern suburbs, 8 km south east of the Sydney Central Business District
  • A popular beachside suburb known for it’s incredible clifftop parklands that border a sun-drenched beach
  • Clovelly is surrounded by the suburbs of Bronte in the north, Randwick in the west and Coogee in the south.
  • Clovelly has four small shopping precincts all on or near Clovelly Road
  • A vibrant cafe & eatery culture
  • The population of Clovelly is 4,736 (2016 census) with 67.3% born in Australia,
  • The next most predominant countries of birth are from England & New Zealand

YOUR OPPORTUNITY

  • Whole Unit block of 4 units to be sold in one line
  • 4 x 2 bedroom units
  • GAR: $143,000 (apprx. agent advice)
  • A short walk to the beach, Gordons Bay and Clovelly’s cafes and eateries
  • Your opportunity here is to keep the whole block. With this type of investment, the equity should grow rapidly over time if purchased at the right price as whole unit blocks are very sought after properties
  • Whole blocks of units are great for long term holds:
    1) You have full control of all the units. From the tenants, to maintenance such as cleaning & mowing of the lawns & every other aspect. Simply, you are the body corporate
    2) The rental yields are good, normally higher than the yields on houses
  • Opportunity to add value through further upgrades to the units
  • Opportunity to strata title each unit (subject to council approval) & to sell them individually


CLOCK ON THE LINK BELOW FOR THE CORE LOGIC REPORT:

The information shared with you on this site by Sydney Growth Properties Pty Ltd is general information only, and has not been prepared taking into account the individual circumstances of the person to whom it is given. Intending purchasers, before acting on any information should assess the suitability of any investments in any property in light of their own personal objectives, financial situation & needs. In preparing this information Sydney Growth Properties Pty Ltd has used resources to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. As always, you should obtain appropriate, qualified advice before making any investment decision, because all investments involve risk. The information is shared with you purely for the purpose of property investor education. It does not take into account your personal financial situation or needs.

Documents
Address: 23 BOUNDARY STREET
State/County:
Zip: 2031
Country: Australia
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Property Id : 24621
Bedrooms: 8
Bathrooms: 4
Car: 4
Other Features
attic
back yard
balcony
basketball court
concierge
deck
doorman
fenced yard
fireplace
front yard
gas heat
gym
lake view
laundry
ocean view
pool
pound
private space
recreation
roof deck
sprinklers
storage
washer and dryer
wine cellar

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NICK KARAYANIS