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FOOTSTEPS TO BONDI BEACH – RARE OPPORTUNITY – WHOLE BLOCK OF 4 X 2 BED APARTMENTS

43 RAMSGATE AVENUE,
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Overview

  • Updated On:
  • May 10, 2019
  • 8 Bedrooms
  • 4 Bathrooms
  • 0 Garages

AUCTION: WEDNESDAY 22 MAY 2019; 6:30PM

Contact the listing agent from the link below for further details:
RAY WHITE UNLIMITED


BONDI BEACH

  • Bondi Beach is a world famous beachside suburb in the Eastern suburbs of Sydney located 7km east of the Sydney Central Business District
  • Forms part of the Local Government Area of Waverley
  • A sought after Eastern Suburbs location & a great lifestyle suburb
  • A popular commercial area is located along Campbell Parade with many cafes, eateries bars & hotels
  • The population of Bondi Beach is 11,656 (2016 census) with 45.3% of the population born in Australia with England & New Zealand being the most popular other countries of birth

YOUR OPPORTUNITY

  • Entire block of 4 x 2 bed units
  • Footsteps to Bondi Beach
  • GAR: $135,200pa (approx.) with potential to increase
  • Your opportunity to further update the units
  • Rare investment opportunity in this prized location
  • 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


CLICK 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: 43 RAMSGATE AVENUE
State/County:
Zip: 2026
Country: Australia
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Property Id : 23983
Bedrooms: 8
Bathrooms: 4
Car: 0
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