Unique to the market, this entire block of four semi-sized apartments presents an incredible opportunity to secure a prime investment and invaluable landbank asset in a blue-chip location at the gateway to the East and Bondi Junction's retail hub. Offered in one line and set on a level 484sqm approx, Macquarie Flats comprises two three-bedroom apartments and two oversized two-bedroom apartments all with parking. Featuring R4 High Density Zoning suitable for a high-rise development, the solid double-brick block is ideal to retain as a sound income earner with superb capital growth potential in a high-growth urban corridor on the edge of Westfield's retail precinct and 2km to Bondi Beach. This is a once-in-a-lifetime opportunity to secure a significant bricks and mortar asset with a significant future upside in a world-class position with potential to unlock ocean views (STCA).
+ Art Deco style block of 4 with a 12.3m street frontage
+ 2 x 3 bed and 2 x 2 bed renovated semi-sized apartments
+ Each with a current approx rental return of $1,100 pw
+ Solid double-brick build, original period features
+ Impeccably maintained with updated interiors
+ Prime landbank, ideal for the investor/SMSF buyer
+ Strong rental yields and superb capital growth potential
+ R4 High Density Residential zoning, gateway location
+ A high-yielding investment offering a world of opportunity
+ Unlock the potential STCA or retain as a solid investment
+ 400m to Westfield's retail hub and the train station
Century 21 Armstrong-Smith are real estate experts based in the heart of Bondi Junction in the Eastern Suburbs and are proud to present this fantastic property. We look forward to offering you world class customer service for the 21st Century.
DETAILS: Nicholas Armstrong-Smith 0419 273 703
