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:
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