1-11/140 MacPherson Street

Bronte NSW 2024

Block of units

Currently for sale - view listing

Overview

Significant Beachside Investment Opportunity

Occupying a prominent corner position in the heart of Bronte Village, this mixed use property presents a rare opportunity to secure a substantial investment with strong and diversified returns. Comprising 8 x studio apartments and 3 x highly sought after commercial premises, with established tenants including Cali Press and Wellness Dental Bronte. Currently generating an approx. rental income of $421,616 pa, with future redevelopment potential (STCA), this is an exceptional opportunity not to be missed. Positioned amongst cafes, restaurants, public transport, coastal walks and approx. 400m from Bronte Beach. • Significant mixed-use asset comprising 8 x studio apartments and 3 x retail premises • Selection of apartments with ocean views and on-site parking • North-facing rear aspect with abundant natural light • Prominent corner position in the heart of Bronte Village • Current rental income of approximately $421,616 pa, with redevelopment potential (STCA) • Established tenants including Cali Press and Wellness Dental Bronte • Approximately 400m to Bronte Beach • Moments from cafes, restaurants, public transport and coastal walks • Rare opportunity to secure a substantial beachside investment in one of Sydney's most tightly held locations Ray White Double Bay - Exceptional Living Begins Here Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY