CBRE, as the exclusive sales agent, is pleased to present 113 & 115 Edgecliff Road, Woollahra. As the first time brought to market in 50 years, the properties offer a unique opportunity to purchase two apartment blocks in-one-line, situated in a premium location just a short walk to Bondi Junction.
Commanding three street frontages, 113 & 115 Edgecliff Road comprise a total of 24 x 1 bedroom + study units and are well positioned to capitalise on the substantial demand of the Eastern Suburbs property market. The properties also provide prospective buyers with further value-add potential through refurbishment, rental reversion and strata subdivision.
113 & 115 Edgecliff Road benefit from the following key attributes:
- Two apartment blocks offered in-one-line
- Total of 24 x 1 bedroom units (12 in each building)
- Total NSA: 1,291sqm* (internal area)
- Total land area: 1,100sqm*
- Strong passing income
- Potential rental reversion and refurbishment opportunity
- Blue chip investment with strata subdivision potential
- Three street frontages providing each unit with an abundance of natural light and ventilation
- First time offered to market in 50 years
- 200m* from Westfield Bondi Junction
- Short drive to Sydney CBD and Eastern Suburbs Beaches
113 & 115 Edgecliff Road, Woollahra will be sold via public auction on Tuesday, 29 October 2019 at 10.30am at AuctionWORKS.
For more information, please contact the exclusive CBRE sales agents.
*Approximate
Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.