727 Pittwater Road,
Dee Why, NSW 2099
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Map of 727 Pittwater Road
Stabilised Residential Investment
- Fully leased
- Gateway location
- Below market rent
Colliers are pleased to present this secure, high-performing boarding house investment ideally positioned in a central Northern Beaches location.
Key Highlights:
+ 25x recently-renovated studio apartments offering great functionality
+ Self-contained studios each with kitchenette, bathroom and internal laundry facilities
+ Low risk income representing less than $440 per week per room
+ Strong rental reversion potential, especially given local demographic
+ Prominently positioned 594 sqm site adjacent to Council carpark/land
+ Imposing street presence standing tall amongst neighbouring properties
+ Conveniently situated 100m from bus interchange and retail village
+ Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy
+ Low risk income approaching $570,000 per annum representing only $437 per week per room
*approximately
Key Highlights:
+ 25x recently-renovated studio apartments offering great functionality
+ Self-contained studios each with kitchenette, bathroom and internal laundry facilities
+ Low risk income representing less than $440 per week per room
+ Strong rental reversion potential, especially given local demographic
+ Prominently positioned 594 sqm site adjacent to Council carpark/land
+ Imposing street presence standing tall amongst neighbouring properties
+ Conveniently situated 100m from bus interchange and retail village
+ Ability to leverage the burgeoning rental market that increased 23.6% year on year** with a sharp 1.11%** vacancy
+ Low risk income approaching $570,000 per annum representing only $437 per week per room
*approximately
Property ID: 504504064Last Updated: 23 Aug 2024
727 Pittwater Road
Dee Why, NSW 2099
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