| 2x 3-bedroom duplexes
| All have large kitchens + separate dining
| All with spacious bathrooms + bath tubs
| PLUS 3x 1-bedroom apartments
| All recently modernised + include kitchens
| 5x car spaces + ample off-street parking
| Projected gross annual income $150,000
| Seize the opportunity!!! That's 5% gross yield!
| Sunny North/West aspect
| Massive communal yard to unwind
| Seamlessly tenanted for 50 years
| Location, location, location!
| 200m to Freshwater beach
| Short stroll to cafes, transport & amenities
Introducing this once in a lifetime opportunity…available for the first time in 50 years! This iconic building has only had 2 owners and with continuous tenants – this is truly a no brainer investment.
The main building comprises of 2 duplexes boasting generous twin floorplans over two levels, with added scope to modernise for even more value. There are not many duplexes with the rare third bedroom or freedom to create a home study tucked away from the household distractions!
PLUS, there's the 3 extra one-bedroom apartments, located at the rear of the block. All have been recently modernised and outlook over the large communal yard, ideal for pets or relaxing in the sunshine after a stroll to the beach!
Savvy operators will know, Freshie is an ever-popular seaside suburb and these 5 homes located moments to local cafes, boutique shops & bus stops are in a highly desired spot! This rare investment is within your grasp right here on the Northern Beaches. View today!
Council: $1,283 per quarter
Water: $501 per quarter
Total Size: 640 square metres
Projected rental return:
Three one bed apartments each $360 - $380 per week approx.
Lower level duplex $800 - $850 per week approx.
Upper level duplex $800 - $850 per week approx.
