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RARE UNIT BLOCK INVESTMENT - #1
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Colliers International, on behalf of The Leukaemia Foundation, are excited to offer 8 Priory Road Waverton for sale, a recently refurbished two-storey character building, consisting of 7 apartments.

Offered in-one-line, the 6x 2-bedroom apartments and 1x 1-bedroom apartment allow for a multitude of value-add propositions via refurbishment, car space creation, common property upgrades, strata subdivision, and/or strata sell down (STCA).

Key Highlights:
•$243,100* potential gross annual income
•Multiple value-add propositions
•Generous, regularly-shaped parcel of land
•Functional existing apartment layout, ideal unit mix
•Secure, well-maintained building with comparatively low outgoings
•Excellent natural light
•600m* from the North Sydney CBD and its amenity
•700m* from Waverton Train Station
•Moments from the Australian Catholic University and the local school catchment area.

Please contact Tom Appleby for further information and/or to arrange an inspection.

*approximate
  • 18/04/2021
  • Contact our experts for details on this transaction