With spectacular views over Mosman Bay to the city skyline, this well maintained Art Deco block of six apartments (R3 Zoning), to be sold together, present a rare investment opportunity. It offers scope for future capitalisation and is DA approved to be strata titled.
- 3 x two bedroom, 3 x one bedroom plus study apartments
- Well maintained throughout, ready to live in/rent immediately
- Buy and hold or enhance/redevelop down the track (STCA)
- Elevated setting overlooking Mosman Bay Marina and beyond
- Bright and airy interiors with open plan living and dining
- Neatly appointed kitchens are complemented with gas stoves
- Good sized bedrooms, full bathrooms plus internal laundries
- Full brick building on 605sqm and tightly-held for approx. 60 years
- Walking distance to Avenue Road shops, cafes and ferry
- Currently achieving approx. $153,400 gross annual rental income