Sold for $1,200,000
Sold for $1,200,000415 Sydney Road, Balgowlah NSW 2093
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Property was sold on 20 March 2009.
Sold on 20 March 2009.
5 beds
3 baths
3 cars
Block of Units
529m²
5
3
3
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Block of Units
529m²
These fully let apartments with long standing tenants comprise of 1x 3 bedroom and 2x 1 bedroom plus loft units. Features include: • Large land size of 529 square metres. • North facing ensuring all 3 units are bright and bathed in sun. • There is potential to improve the property and therefore the rental returns over time. • It is well located and so close to Balgowlah’s restaurants, buses and the new Stockland Village Shopping Centre. • 2 single garages and a carspace at the rear. • The building has enjoyed next to no vacancy over the past 20 years of ongoing management. • It represents an excellent investment at a time when interest rates are falling and the sharemarket and Super Funds have experienced a widely publicized downturn.