Located on the prestigious South Head peninsular, the property offers an investment into one of Australia’s most exclusive suburbs. The three storey apartment block comprises nine apartments and commands elevated ocean views over the southern Sydney Harbour headland.
8 Marne Street, Vaucluse benefits from the following key attributes:
• 9 residential apartments:
• 3x1 bedroom apartments
• 6x2 bedroom apartments
• 7x single lock-up garages
• Gross income of $251,067.44 per annum*
• Positive rental reversion opportunity to increase rents to market at lease expiration
• Estimated market gross income of $288,600*p.a.
• NLA of 513sqm*
• Land area of 576.5sqm*
• Exclusive elevated oceanside location
• Opportunity to strata subdivide and sell down individually in a coveted Eastern Suburbs location
• 1km* from Parsley Bay and 3.5km* from Bondi Beach
For further information, please contact Ben Gregory-Aylett 0401 077 078.
For more details, please email agent