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WHOLE UNIT BLOCK – 4 X 1 BED UNITS – RENOVATE TO ADD FURTHER VALUE & RENTAL UPLIFT – WALK TO BONDI JUNCTION & QUEEN STREET SHOPS CAFES & RESTAURANTS – WOOLLAHRA

6 CHESTER STREET,
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Overview

  • Updated On:
  • August 25, 2019
  • 4 Bedrooms
  • 4 Bathrooms
  • 0 Garages

AUCTION: WEDNESDAY 14 AUGUST 2019; 6:30PM

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


WOOLLAHRA

  • Woollahra is an eastern suburb of Sydney, 5km east of the Sydney Central Business District
  • Forms part of the Woollahra Council Local Government Area
  • A well known Blue Chip suburb – a stomping ground for Sydney’s high rollers
  • Woollahra is home to a number of consulates
  • The commercial centre consists of high end designer stores, galleries and a thriving café, dining & bar scene
  • The population of Woollahra is 7405 (2016 census) with 59% of the population born in Australia
  • The next most common countries of birth were England 6.7%, New Zealand 3.0%

YOUR OPPORTUNITY

  • 4 x 1br apartments (currently configured as 3 apartments)
  • Original condition
  • Your opportunity to fully renovate to add value & potential rental uplift
  • Land size is 423sq.m (approx.)
  • Located between Bondi Junction and the Queen Street village
  • 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


EMAIL US FOR THE CORE LOGIC REPORT: https://www.sydneygrowthproperties.com.au/contact/

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.

Address: 6 CHESTER STREET
State/County:
Zip: 2025
Country: Australia
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Property Id : 26568
Bedrooms: 4
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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