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268 Sailors Bay Road, Northbridge, NSW, 2063

2. Property Highlights

Secure Unit Block Investment
  • 4 renovated 2-bedroom apartments
  • Fully-leased; rental reversion potential
  • Recently approved for strata subdivision

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

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3. Property Location

268 Sailors Bay Road, Northbridge, NSW, 2063

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4. Due Diligence

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268 Sailors Bay Road, Northbridge, NSW, 2063 Northbridge
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