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268 Sailors Bay Road, Northbridge, NSW, 2063
Northbridge
Colliers, in conjunction with Croll Real Estate, are pleased to present For Sale 268 Sailors Bay Road, a rare opportunity to secure an immaculately presented fully-leased unit block investment in an affluent Lower North Shore location.
This two-storey character building comprises four charming 2-bedroom apartments, parking for 3 car spaces accessible via Wagschall Lane at the rear, and benefits from its recent strata subdivision approval. The building can therefore be acquired in-one-line as a single holding or in-one-line as four individual residential apartments.
Key Highlights:
+ 411 sqm rectangular site with dual ~10m frontages
+ Recently approved for strata subdivision
+ Rental reversion potential
+ Renovated apartments with functional layouts
+ Light-filled north-facing main bedrooms
+ Leafy, tranquil outlook
+ Secure, well-maintained building with comparatively low outgoings - no CAPEX required
+ Booming rental market unlikely to ease in the short-medium term given chronic supply shortage
+ 18.2% 2-bedroom unit rental growth in Northbridge over the 12 months to Oct-23
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
Colliers, in conjunction with Croll Real Estate, are pleased to present For Sale 268 Sailors Bay Road, a rare opportunity to secure an immaculately presented fully-leased unit block investment in an affluent Lower North Shore location.
This two-storey character building comprises four charming 2-bedroom apartments, parking for 3 car spaces accessible via Wagschall Lane at the rear, and benefits from its recent strata subdivision approval. The building can therefore be acquired in-one-line as a single holding or in-one-line as four individual residential apartments.
Key Highlights:
+ 411 sqm rectangular site with dual ~10m frontages
+ Recently approved for strata subdivision
+ Rental reversion potential
+ Renovated apartments with functional layouts
+ Light-filled north-facing main bedrooms
+ Leafy, tranquil outlook
+ Secure, well-maintained building with comparatively low outgoings - no CAPEX required
+ Booming rental market unlikely to ease in the short-medium term given chronic supply shortage
+ 18.2% 2-bedroom unit rental growth in Northbridge over the 12 months to Oct-23
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
268 Sailors Bay Road, Northbridge, NSW, 2063
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
