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Listed about 2 years ago

ID#741910

Hornsby

Upper North Shore
Expressions of Interest
16
9
9
Approx
1,084
(≈11,668.07 sq.ft.)

$185,000 income PA*

Once in a lifetime opportunity to buy an entire 3-storey block of 9 units in Hornsby! 100% current occupancy to excellent long-term tenants. No arrears. Happy, stable, and cohesive community feel in the block has been due to careful tenant selection procedures over 30 years of property management. Tenants love it here! We quote one tenant who told us "The nicest unit I have ever lived in".

A typical unit offers the following:-
- A private and quiet place to call home
- 100 SQM average unit size (based on building area and balcony area). Arguably amongst the largest for Hornsby's units built in the late 1980's
- Abundant light! Every room offers glorious natural light
- Refreshed in the last few years with new paint and renovated kitchen or new carpet
- Sunny northern balcony has views over bushland
- Southern balcony extends the indoor space as well as offering leafy views for your enjoyment
- Open plan living, dining and kitchen
- Kitchen offers excellent bench space and cupboards. Each offers a dishwasher, electric stove

Two bedrooms, each featuring a built-in wardrobe
- Bathroom offers a bath
- Laundry comes with a dryer
- Fully carpeted (or tiles in the dining room)
- Lock up garage
- Level walk to shops, cafes and local railway station, aquatic centre, TAFE and schools.

Buying now at the bottom of the rental market means you may expect to see rental returns increase in future years.

*Disclaimer- While we have called this description of a unit as 'typical', the above description is not necessarily the description for every unit in the block but of some units. You can make your own assessment when you inspect this block. Annual income is based on current rentals as of February 2022.

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Agents

John Pye

John Pye Real Estate Hornsby

Bec Reid

John Pye Real Estate Hornsby

This property was photographed by

Alan Cottee - AREA

North Shore & Blue Mtns

ID#741910

Hornsby

Upper North Shore
Expressions of Interest
proudly marketed by
John Pye Bec Reid
John Pye Real Estate Hornsby
John
0414 914 268
Bec
0410 541 866
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