AUCTION: TUESDAY, 27 JULY at 10:30am at
AuctionWORKS - Mezzanine Level, 50 Margaret St, Sydney NSW 2000 (Online Bidding Available).
DECEASED ESTATE
Being offered for the first time, CBRE presents to market 81 & 81a Birriga Road, Bellevue Hill. It is a once in a lifetime opportunity.
Commanding a prominent corner location, the two blocks boast a total of 21 apartments across three levels, comprising of:
18 x 2 bedroom units
3 x 4 bedroom apartments
5 independent secure garages
All the apartments are well proportioned and with abundant natural light, providing the prospective purchaser with a secure residential investment with a steady cash flow in the highly sought-after Eastern Suburbs neighbourhood.
These solidly built properties present the ability to further capitalise through value-adding or strata subdividing.
The R3 Medium Density Residential zoning and favourable corner location of the properties also provides an opportunity for a new luxury development (STCA).
With its positioning in the exclusive Eastern Suburbs, the property will appeal to local affluent downsizers who are looking for apartments in a central location.
Bellevue Hill has capitalised on the area's secure residential market and has experienced substantial growth over the past five years. The suburb is renowned for its high-end real estate and prestigious residential market, landscaped gardens, rolling lawns and grand estate homes.
Bellevue Hill is an exclusive suburb in Sydney's East, bounded by Bondi, Bondi Junction and Woollahra. It is just 5km* from Sydney CBD and 1.9 km* from the world-famous Bondi Beach.
Key Property Highlights:
-Total of 21 apartments, consisting of 2 and 4 bedrooms + 5 garages
- Substantial corner site area of 1,342sqm*, allowing for strong sunlight & ventilation
- Significant landmark residential investment in one of Sydney's most affluent suburbs
- central location close to Bondi Beach, Bondi Junction, Rose Bay and Double Bay
- Ability to add value, sell down or hold as a secure investment
*Approximate
81 & 81a Birriga Road, Bellevue Hill will be sold via Public Auction on Tuesday, 27 July 2021 at 10:30am at AuctionWORKS.
Address: Mezzanine Level, 50 Margaret St, Sydney NSW 2000 (Online Bidding Available).
Inspections to be held by appointment as per COVID-19 Greater Sydney restriction requirements. Please enquire directly with the exclusive agents to arrange a private viewing.
To assist in the assessment of this offering, due diligence can be obtained from the exclusive selling agents.
