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