Back 171 West Street
Off Market

171 West Street

Crows Nest NSW 2065

7
4
0 m²
House
Last sold for $1,880,000
Justin FergusonJustin Ferguson, last sold this property on 07 April 2016 after 37 days on market.

Overview

DA APPROVED FOR NEW GENERATION BOARDING HOUSE - 10 STUDIO UNITS

This unrenovated boarding house presents an exceptional investment opportunity. DA approval allows for redevelopment of a 2 story residence with 10 Self Contained Studios, generating $4,000 - $4,500 income per week. Currently the superbly positioned 422 sqm house delivers outstanding rental returns with its existing 7 rooms. It has enormous redevelopment potential for those seeking long term capital growth and stable high rental returns. - Unrenovated residence with 7 bedrooms, 4 bathrooms, 4 kitchens - DA approval for new generation boarding house with 10 Self Contained Studios, accommodating up to 14 lodgers - Will include 10 bedrooms (4 doubles), each with ensuite bathroom, kitchenette and washing machine facility - Large communal lounge area, open plan living/dining and kitchen area, office alcove - Patio, generous landscaped garden, storage room, bike parking and outdoor BBQ area - Sensational central location, just moments from public transport - Stroll to St Leonards Park, Cammeray village and Crows Nest's shops - Easy bus access to city and Chatswood - Short walk to North Sydney railway station and North Sydney CBD - Close to Royal North Shore hospital - Close to numerous public and private secondary schools in Sydney - Residential R2 zone medium density Council Rates: $276 P.Q (approx) Water Rates: $199 P.Q (approx)

Features

7 bedrooms
4 bathrooms
0 m² lot size
House

Estimated Value

We need at least 3 similar 7 bedroom houses sold in Crows Nest over the last 12 months.

Property history for 171 West Street

2024
Rented
Undisclosed
Leased on 20 Nov 2024 by McConnell Bourn Waterloo
2023
Rented
Undisclosed
Leased on 07 Aug 2023 by McConnell Bourn Macquarie Park
2022
Rented
Undisclosed
Leased on 15 May 2022 by McConnell Bourn Waterloo

Happy sellers in Crows Nest

79%
79% of sellers in Crows Nest reported that their sale price either exceeded or met their price expectations.

Crows Nest stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Crows Nest over the last 12 months.

Local market activity for 7 bedroom houses in Crows Nest

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