CBRE as the exclusive sales agent is pleased to present to market 46 Bay Road, Waverton. Strategically positioned on a North-West facing sunny corner block in one of Sydney's most exclusive harbourside locales. Recently renovated, the building offers a fantastic investment opportunity to capitalise on Sydney's lucrative rental market with ongoing and increasing returns plus the potential to strata-title (STCA) the units.
46 Bay Road, Waverton benefits from the following key attributes:
Comprising 2 x 3 bedroom & 2 x studio apartments
All units have been recently renovated
4 off street car parking spaces
Well maintained property with views of Sydney CBD
North-West facing corner block with dual frontages to Bay Road & Priory Road, drenched in natural light
Sensational investment opportunity in a highly tenanted area, with a vacancy rate of only 1.77%, underwriting the area's strong rental demand.
Only 650m* to Waverton Train Station
Neighbouring North Sydney CBD in great proximity to prestigious schools, transport, hospitals, and Sydney CBD.
Opportunity to increase the rents to align with market
Potential to strata-title (STCA) providing a flexible exit strategy to sell down individual apartments
Highly desirable and popular harbourside setting with a village-like ambiance, ideal for white collar tenants and young families.
Affluent suburb with a median house price of $3,687,498* (CoreLogic)
46 Bay Road, Waverton will be sold via Public Auction on Tuesday, 26th of September 2023 at 10:30am at auctionWORKS.
For more information, please contact the exclusive selling agents.
*Approx.