1/326 Pacific Hwy

Lane Cove NSW 2066

Apartment

Currently for sale - view listing

Overview

AFFORDABLE LOWER NORTH SHORE ENTRY | RETURNING $570 PER WEEK | UP TO 5.44% GROSS YIELD

A rare opportunity to secure a high-performing investment or affordable first home in one of Sydney's most sought-after Lower North Shore locations. Superbly located in an ultra-convenient setting with a short walk to the local shops, cafes, vibrant eateries and fantastic transport with express CBD and Chatswood buses at your doorstep. Currently leased to an excellent tenant at $570 per week, this well-presented apartment offers an attractive gross yield of up to 5.44%, (Lane Cove comparable approx. 3.8% p.a. return), providing immediate income from settlement while benefiting from the long-term growth prospects of the Lane Cove market. Positioned within a secure boutique block of 9 apartments, the property combines low-maintenance living and exceptional convenience. The thoughtfully designed floorplan features; * Open plan living/dining with floorboards and split AC * Gas kitchen with stone benchtops and stainless steal appliances * Large king bedroom with built in robe and study nook * Ensuite bathroom with shower * Guest powder room with 2nd toilet and internal laundry * Magnetic noise cancelling shields on window fittings * Security intercom system and secure building access * Express bus to City and Chatswood at your doorstep * Separate lock up storage room * Abundant street parking on Cobden Ave and Haldane Crescent * Direct access to the property from Haldane Lane Location Highlights * Moments to Lane Cove Village cafés, restaurants and shopping * Easy access to Chatswood CBD and Macquarie Business Park * Express city bus services nearby * Close to parks, walking trails and recreational facilities * Excellent long-term growth fundamentals Strata Levies: $1,249 approx. per quarter Council Rates: $430 approx. per quarter Water Rates: $200 approx. per quarter