Back 5/329 Sydney Rd
Off Market

5/329 Sydney Rd

Balgowlah NSW 2093

1
1
1
Apartment
Last sold for $405,000
Andrew LutzeAndrew Lutze, last sold this property on 20 April 2012 after -4060 days on market.

Overview

Investor Alert - 5.64% yield in ultra modern city style apartment

* Currently leased for a massive $450 per week with outstanding tenants, this spacious first home or investor apartment with only one common wall has been tastefully renovated to reflect a relaxed blend of city living and beachside ambience. * With eateries, city transport and gym facilities within a stone's throw this apartment is high on convenience and low on maintenance. * Enjoying dual security access from both Sydney Road and rear car parking facilities that include visitor parking, this first floor apartment is surprisingly peaceful and maximum use has been made of the spacious floor plan. * Open plan feel starting at the front door leading you into a cleverly created hallway before opening out to the brightly spacious living area which in turn flows to the dining space and kitchen, all hidden from immediate view on entry. * The double bedroom offers maximum storage with its floor to ceiling mirrored built-in robes and a crisp white modern bathroom with heated towel rails is immaculately presented just like the rest of this attractive home. * The kitchen area offers an abundance of storage space and has perfectly designed alcoves for fridge and internal laundry facilities. With excellent real timber-look floors throughout, this home has a welcoming ambience with neutral colour tones and also sports a clever study nook subtly incorporated within the living space. * Enjoying a supremely convenient position, just minutes to Stockland Village shops and an easy stroll to Manly & Fairlight beaches, this is a highly appealing offer for first home buyers and astute investor. Please contact Andrew Lutze and Amy O'Mara of Cunninghams Property for further details.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Balgowlah over the last 12 months, the estimated median property value of 5/329 Sydney Rd is $945k.

Median value
$945k
Estimated value range
$675k - $1.39m
Median days on market
32
Estimated value trend
-25%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balgowlah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/329 Sydney Rd

2024
Rented
Undisclosed
Leased on 08 Aug 2024 by Cunninghams - Balgowlah
2023
Rented
Undisclosed
Leased on 06 Nov 2023 by Cunninghams - Balgowlah
2023
Rented
Undisclosed
Leased on 05 Nov 2023 by Cunninghams - Balgowlah

Happy sellers in Balgowlah

77%
77% of sellers in Balgowlah reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 36 reviews in Balgowlah over the last 12 months.

Local market activity for 1 bedroom apartments in Balgowlah

In the last 12 months, 7 one-bedroom apartments similar to 5/329 Sydney Rd, have been sold.

This represents a 37% increase in one-bedroom apartments sales when compared to the previous 12 months.

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