Bellevue Hill 18A Benelong Crescent
Entire block of eight apartments to be sold in one line, first time offered in approx. 80 years on approx. 910sqm of land with 2 street frontages
A rare and prized opportunity with outstanding potential, this immaculately presented complex of eight apartments represents a substantial income-generating asset in the heart of Bellevue Hill.
Ideally situated moments to beaches, village cafes and Bondi Junction's shopping amenities, well-appointed throughout, and all apartments are in great condition. The building is fully leased with scope to improve existing income. The building sits on a large 910sqm north-east facing allotment with dual street frontage and enjoys elevated harbour views from the upper levels.
Investors and developers will be highly impressed by the superb positioning, large land size and excellent future possibilities of this blue-chip property offering. Presenting a value-packed opportunity to capitalise on an expansive eastern suburbs landholding, with instant cashflow.
Property highlights:
6 X two-bedroom & 2 X three-bedroom whole floor apartments to be sold in one lineAlso known as 28 Birriga Road, inspections via 18A Benelong CrescentElevated northerly outlooks to Sydney Harbour from the upper levelsWell-presented with timber floors, classic features and high ceilingsFour lock-up garages fronting Benelong CrescentA large north-east facing garden with a spacious level lawnPotential to further update apartments and increase rental yieldScope to explore development possibilities to fully capitalise (STCA)Quick and easy access to Bondi Junction, Bondi Beach and village cafes