Auction | $7,000,000

8 Bed  •  8 Bath  •  6 Car

Main view of Homely block of units listing, 140 Macpherson Street, Bronte NSW 2024
Floorplan of Homely block of units listing, 140 Macpherson Street, Bronte NSW 2024
Second view of Homely block of units listing, 140 Macpherson Street, Bronte NSW 2024
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140 Macpherson Street, Bronte NSW 2024

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Auction | $7,000,000

  • 8
  • 8
  • 6

Block of Units for sale31 days on Homely

Auction date:Thu 27 Aug 6:00pm

What's around Macpherson Street

Block of Units description

“Significant Beachside Investment Opportunity”

Occupying a prominent corner position in the heart of Bronte Village, this mixed use property presents a rare opportunity to secure a substantial investment with strong and diversified returns. Comprising 8 x studio apartments and 3 x highly sought after commercial premises, with established tenants including Cali Press and Wellness Dental Bronte. Currently generating an approx. rental income of $421,616 pa, with future redevelopment potential (STCA), this is an exceptional opportunity not to be missed. Positioned amongst cafes, restaurants, public transport, coastal walks and approx. 400m from Bronte Beach.

• Significant mixed-use asset comprising 8 x studio apartments and 3 x retail premises
• Selection of apartments with ocean views and on-site parking
• North-facing rear aspect with abundant natural light
• Prominent corner position in the heart of Bronte Village
• Current rental income of approximately $421,616 pa, with redevelopment potential (STCA)
• Established tenants including Cali Press and Wellness Dental Bronte
• Approximately 400m to Bronte Beach
• Moments from cafes, restaurants, public transport and coastal walks
• Rare opportunity to secure a substantial beachside investment in one of Sydney's most tightly held locations

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

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Auction time

Thursday
27 Aug 6:00 PM

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140 Macpherson Street, Bronte NSW 2024
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