Balgowlah 415 Sydney Road

  • 5
  • 4
  • 3

Sold · $3,250,000

TRIPLE INCOME OPPORTUNITY WITH UPSIDE

What could be more appealing than purchasing an income generating asset?
How about a property that generates no less than three incomes for you! This Triplex may be exactly what you are looking for.

Moving forward, it will be assets which yield high growth, generates income and include potential development upside which will be most appealing. 415 Sydney Road combines all these characteristics and is well placed to suit an investor and owner/occupier alike.

Made up of three residences the building offers a solid return on investment and includes the following apartment configurations

  • APARTMENT 1: 1 Bed | 1 Bath | 1 Car | loft
  • APARTMENT 2: 1 Bed | 1 Bath | 1 Car | loft
  • APARTMENT 3: 3 Bed | 2 Bath | 1 Car | New Kitchen, Carpet and Paint

While Unit 1 and Unit 2 are currently leased and generating good income, Unit 3 has been made vacant for the sales campaign and offers the flexibility for an investor to take advantage of current rental demand, and secure a high quality tenant, or an astute owner/occupier to move straight into the ground floor apartment and benefit from dual incomes from Unit 1 and Unit 2 simultaneously.
The level block includes a double lock-up garage with recently updated brand new roof. The property includes a separate laundry and dedicated storage rooms to allocate to tenants as needed.

The rear of the block is peaceful and completely drenched in sun and surrounded by mature greenery and fauna.

When it comes to location, 415 Sydney Road is unmatched. Stockland Village is located via 4 minutes stroll and includes the convenience of a huge Coles, and great Cafes and restaurants. And when it comes time to stretch your legs, dog-friendly North harbour Reserve and Forty Beans Cafe is situated nearby and provides great access to Manly Ferry and Manly Beach.

Income generating blue chip assets are so rare on the Northern Beaches, especially when located close to shops, restaurants, transport, and Manly. With Interest rates at an all-time low, and not looking to change any time soon, this may be the clever investment opportunity you have been waiting for.

Rare Amalgamation Opportunity

While not being offered as a pair, 413 Sydney Road (next door) is being offered simultaneously to market. When combined with 415 Sydney Road the amalgamation makes a land holding of approximately 1,060 sqm.

Licensed real estate agents Reach out to discuss your property needs

licensed real estate agents REACH OUT TO DISCUSS YOUR PROPERTY NEEDS

about BALGOWLAH

Lying just west of the coastline on Sydney’s Northern Beaches is the beautiful suburb of Balgowlah.

READ MORE ABOUT Balgowlah

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