Auction 07/05/24

1687 Pittwater Rd, Mona Vale NSW 2103

Other
1286
Block size: 563 m² approx.

A Rare Property Package in a Key Location

This two-storey full brick property is located on the fringe of Mona Vale’s bustling Town Centre. Walking distance to local transport, schools, playing fields and Mona Vale Hospital.

Accommodation spread over two levels trading as Northern Beaches Accommodation. Benefiting from a land area of 563sqm, this opportunity comprises 12 rooms, 6 with en-suite bathrooms, 2 communal bathrooms, 2 communal kitchens, shared laundry and off-street parking.

· Registered boarding house.

. Makes a great value-add project with potential to upgrade to student accommodation (S.T.C.A)

· Presently the asset generates income of $216,840.00 per annum with room for improvement.

. Strong letting area.

· Recession proof investment

Auction details:
The auction will be held on Tuesday, May 07, 2024, at 10.30am (AEDT) unless sold prior.
Conducted by Auction Works, the auction will be held on the mezzanine level, 50 Margaret Street, Sydney.

For further information on this exceptional opportunity, please contact the exclusive selling agent listed below.

Joe Vigorito

Romani Estate Agents

Ph: 0414 645 704

Property Code: 295
Features
  • Allocated Car Spaces

Inspections

Wednesday, 1 May12:00pm - 12:30pm
Can't inspect in person?

Contact Joe Vigorito to enquire about this property including alternatives to in-person inspections.

Auction

Tuesday 7 May, 10:30am
On site

Key details

Bedrooms:
12
Bathrooms:
8
Parking:
6
Property type:
Other
Block Size:
563 *

Other Details

Lot:
7
Plan Type:
DP
Plan:
361206
Legal description:
7/361206
Next Inspection:

Maps and area information

Block information
Block size: 563 (approx)
Legal description: 7/361206
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Mona Vale's suburb profile

Mona Vale suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
10,877
Listing ID: 181342961. This listing has been viewed 45 times. It was first displayed on 03/02/2023 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.