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85 Beresford Road Bellevue Hill, NSW 2023

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85 Beresford Road,
Bellevue Hill, NSW 2023

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Boutique apartment block – Bellevue Hill

Bellevue Hill 1-4/85 Beresford Road

Presenting a rare blue chip investment, this ‘one line’ apartment block in an exclusive Eastern Suburbs location is just 5 km from the CBD.
The character-filled boutique property of 4 fully tenanted 2 bedroom apartments is estimated to provide a gross income of circa $98,540 per annum.

The property occupies a 668 sqm block with a driveway to rear lane access, along with parking (STCA).
Set over 2 levels the property is in original condition, and offers scope to renovate and add further value. A common garden area and shared laundry forms part of the property.

Currently the property is owned on a single title, but may suit strata subdivision (STCA) providing a myriad of investment options.

Each apartment is comprised of 2 double bedrooms and a sunroom, along with combined living and dining room, kitchen and bathroom with a bath.
This character block has period features, including floorboards, stained glass windows, patterned ceilings and bay windows.

Located close to Bellevue Hill and Double Bay shopping villages and with easy access to transport, Thornton Park and Rose Bay harbour foreshore, this apartment property offers an attractive investment opportunity in a highly desirable location

Council rates: $822 per quarter (approximate)
Water rates: $922 per quarter (approximate)
Land size: 668 sqm (approximate)
Gross Rental: $98,540 per annum (approximate)


Key Features

*Blue Chip Opportunity
*Comprising 4 units on single title
*Suit Renovation or Value Ad
*Coveted Eastern Suburbs location
*Passing income circa $98,520 pa

Inspection
Wednesday 13th March 10.00am to 10.45am

Auction Details

Tuesday 9th April at 6.00pm
Double Bay Auction Centre
Level 1, 20-26 Cross St
Double Bay, 2028

Additional information

Property ID: 500653367Last Updated: 16 May 2014

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02 9257 02...
realcommercial.com.au logo
85 Beresford Road
Bellevue Hill, NSW 2023

Detailed listing

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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