Proudly built by the same family and well-maintained under continuous ownership since the 1930s.
This is an outstanding investment or development opportunity to acquire a prime real estate holding in a sought-after location. The lot comprises a total of six, two-bedroom apartments over three levels with onsite garaging and parking.
Ideally positioned at the gateway to the Lower North Shore, this substantial corner holding at the intersection of Miller and Ernest Streets, Crows Nest, features a beautifully established shared front lawned garden and a convenient rear access courtyard.
This is a high-demand, premium rental locale only moments from Crows Nest, Cammeray and Neutral Bay Shopping Villages and North Sydney central business district. Transport options include bus, rail and Metro services with easy north and south freeway access.
Each apartment offers a similar configuration consisting of two bedrooms plus a separate sunroom/study, open plan living, gas kitchen, bathroom and dual access front and rear. The block presents elegant architectural period features, including stained glass windows and solid dark timber decorative staircase railings on entry, interiors offer high ceilings, picture rails, skirting boards and decorative fireplaces.
All apartments are currently tenanted, providing ongoing income. (The details of tenancies are available in the property Information Memorandum). A unique opportunity for an astute investor looking for secure tenancy income with further scope/potential to develop STCA (subject to council approval).
- Long-term investment or future development opportunity
- Full long-term tenancies are currently in place in all lots
- Corner block with commanding, dual street frontage
- East facing from Miller, North Facing from Ernest Streets
- Approximately 505.9sqm land size (source: contract)
- Leafy established gardens on well-maintained grounds
- Three-level, low-rise, full-brick building with tiled roof
- Two apartments per floor, sharing only one common wall
- Front internal and rear of block external staircase access
- 6 x two-bedroom plus additional sunroom apartments
- Opportunity to update & add value to existing property
- Attractive 1930s architectural features t/out the building
- Open plan living with adjoining sunroom or study
- Some bedrooms feature built-in wardrobes/storage
- Gas kitchens, ample cupboard space, direct access to rear
- Bathrooms with a shower and an internal laundry facility
- Two lockup garages plus two open car spaces on site
- Opportunity to develop, subject to council approval
- Easy access to the freeway and various transport routes
- Moments to Crows Nest, North Sydney and Neutral Bay
* approx build estimated to be 1931
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries
