45 Dacre St Malabar NSW 2036

Exceptional Beachfront Investment - Block of 4 offered in one line
A
rare opportunity in a prized beachfront setting, this entire block of
four contemporary apartments is offered for sale in one line.

Directly
opposite idyllic Malabar Beach and Cromwell Park, it features two
three-bedroom apartments with dramatic never-to-be-built-out views over
the Pacific Ocean and two two-bedroom
apartments.

A unique
opportunity for the investor/SMSF buyer, it presents a premium
low-maintenance portfolio addition with a strong income stream, high
rental demand and excellent capital growth.

* Block of four apartments, dual access block
* Blue chip investment, approx rental yield $122,000 pa approx.
* Premier beachfront location and breathtaking views
* No common walls, spacious contemporary interiors
* Two x 3 bedroom, 1.5 bathroom apartments with ocean views
* Two x 2 bedroom, 1 bathroom apartments, windows on 3 sides
* All with built-ins, deep balconies and granite kitchens
* Parkland, cafés and scenic coast walks at the doorstep
* 10m frontage, RLA to a double garage and off street pkg
* High-growth area, close to Maroubra Junction and schools

Outgoings per quarter (approx):
Water $684
Council $950

Total land size sqms (approx.): 474

Co-Agent : James Giltinan
First National Coogee
M. 0417 250 691
D. 02 9665 3341
E. [email protected]

Website: coogeerealestate.com.au
Office Details: 206 Coogee Bay Road Coogee NSW 2034

 
Property Snapshot

Property Type:
Block Units
Features:
Balcony
Built-In-Robes
Close to schools
Close to shops
Close to Transport
Granite Benches