31/66 Bayswater Road, Rushcutters Bay, NSW, 2011

SoldNov 1, 2024

31/66 Bayswater Road, Rushcutters Bay, NSW, 2011

$550,000

39 m²

Studio

•

30+ days on the market

Sold: Nov 1, 2024

What's around 31/66 Bayswater Road

Luxury High Rental Yield Investment Opportunity In Charming Art Deco Block

Nestled in a distinctive art deco building, this architecturally designed and renovated, highly-liveable apartment seamlessly combines period charm with high-quality modern amenities. It boasts unique character, with significant "wow" factor, making you feel like you're staying in a luxury boutique hotel. The property offers a desirable lifestyle, centrally located near Rushcutters Bay Park (tennis court precinct / waterfront) and only a short stroll to Kings Cross Train Station and the local food and lifestyle amenities of Potts Point. This is a solid investment opportunity for retirees and self-managed super funds (SMSF) seeking cashflow. The property was previously rented to a long-term tenant at $560 per week, with a current rental appraisal of $600 per week. This apartment offers significant income yield for any investment portfolio, especially in a falling interest rate environment. AirBNB has also previously been conducted at this unit, with further enhanced rental yield returns. • Renovated with luxury finishings • Separate kitchen with abundance of storage • Short stroll to Rushcutters Bay Park and Potts Point dining and shopping precinct • Scramble parking available onsite • Miele combination washer/dryer • Liebherr integrated fridge/freezer • European appliances: integrated dishwasher, cooktop and combination oven/microwave

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Seller's review

almost 2 years ago

Verified Review

Tenacious commitment in a difficult market

Mark and his team stuck at it on what was not a straight-forward sale due to surrounding macroeconomic factors / high interest rates. Honest feedback and guidance and ultimately a sale. Thank you

Seller