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Apartment
Block of 10 studio apartments with off-street parking
13 Grafton Crescent, Dee Why, NSW, 2099, Australia
10
10
9
About this Property
The ultimate investment opportunity awaits with this solid two-storey block of 10 x studio apartments in a quiet residential enclave adjoining parks and only a short, level walk from the heart of the Dee Why town centre, Dee Why Beach, Long Reef Golf Course, City transport and the picturesque Long Reef headland walk, and only a short distance from Warringah Mall.
This 1970's brick constructed building has been well maintained, and provides affordable accommodation in this highly desirable setting, with the added benefit of off-street car parking for most units. Nine of the ten apartments have been refurbushed in recent years and the property currently generates an income on a fully leased basis of approximately $215,540 per annum.
The building includes common laundry facilities, and sits on a 708.2sqm block of land, zoned R3 medium density with a 12m height limit which may allow for further development (stca) at some future time.
Below replacement value and a sensational buying opportunity secure investment.
Auction: Tuesday 17th October 2023 at 10.30am at 'Auctionworks' - 50 Margaret Street Sydney.
Inspect: Tuesdays Thursdays 10.30 - 11.00am or by prior appointment (A selection of units available for viewing)
Details: David Buttel 0419 263 362
Contact David to request an Information Memorandum and Auction Contract.
This 1970's brick constructed building has been well maintained, and provides affordable accommodation in this highly desirable setting, with the added benefit of off-street car parking for most units. Nine of the ten apartments have been refurbushed in recent years and the property currently generates an income on a fully leased basis of approximately $215,540 per annum.
The building includes common laundry facilities, and sits on a 708.2sqm block of land, zoned R3 medium density with a 12m height limit which may allow for further development (stca) at some future time.
Below replacement value and a sensational buying opportunity secure investment.
Auction: Tuesday 17th October 2023 at 10.30am at 'Auctionworks' - 50 Margaret Street Sydney.
Inspect: Tuesdays Thursdays 10.30 - 11.00am or by prior appointment (A selection of units available for viewing)
Details: David Buttel 0419 263 362
Contact David to request an Information Memorandum and Auction Contract.
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David Buttel
RAINE AND HORNE NEUTRAL BAY
+ 61 0419263362
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More Details on 13 Grafton Crescent, Dee Why NSW
How many bedrooms and bathrooms does 13 Grafton Crescent, Dee Why have?
13 Grafton Crescent, Dee Why is a 10 bedroom, 10 bathroom apartment.
Who is the agency that listed 13 Grafton Crescent, Dee Why?
The agency who listed 13 Grafton Crescent, Dee Why is RAINE AND HORNE NEUTRAL BAY - you can contact the agents here.
How many car spots does 13 Grafton Crescent, Dee Why have?
13 Grafton Crescent, Dee Why is a 9 car spot home.
How much is 13 Grafton Crescent, Dee Why?
The price of 13 Grafton Crescent, Dee Why is Block of 10 studio apartments with off-street parking - contact the agents to find out more.