$2,945,000
17A Lovel Street, Katoomba NSW 2780
Other
1571
Block size: 512 m² approx.
Freehold Block of 7 Apartments on One Title
The Phone Code for this property is: 62486. Please quote this number when phoning or texting.
This is a unique property consisting of 7 freehold apartments on one title. The apartments are nestled in the beautiful world heritage-listed Blue Mountains on a land size of approx. 512 sqm.
Features include:
• 6 x 2-bedroom, 1-bathroom apartments, all have internal laundry
• 1 x 3-bedroom, 1-bathroom apartment with internal laundry
• Built in Wardrobes in most bedrooms
• 1 onsite car parking space and plenty of off-street parking
• Unique freehold block of apartments
• Fully Tenanted
• All 7 apartments have long-term tenants
• Gross yield of approx. 5% pa
• Spectacular views to the southeast
• Walking distance to the town centres of Katoomba and Leura
• Approx. 450m to Katoomba Train Station & approx. 1.5km to Leura Train Station
• Close to local amenities such as the Katoomba RSL, schools, public transport, restaurants/cafes and supermarkets such as Woolworths, Coles, Aldi and other speciality shops
• Approx. 1 hour to the future Badgerys Creek Airport
• Leura is also home to one of the best hospitality schools in the country, the Blue Mountains International Hotel Management School (run by Torrens University)
This is an opportunity that doesn't come along every day and is one not to be missed.
An inspection is a must to view this property's full potential.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
This is a unique property consisting of 7 freehold apartments on one title. The apartments are nestled in the beautiful world heritage-listed Blue Mountains on a land size of approx. 512 sqm.
Features include:
• 6 x 2-bedroom, 1-bathroom apartments, all have internal laundry
• 1 x 3-bedroom, 1-bathroom apartment with internal laundry
• Built in Wardrobes in most bedrooms
• 1 onsite car parking space and plenty of off-street parking
• Unique freehold block of apartments
• Fully Tenanted
• All 7 apartments have long-term tenants
• Gross yield of approx. 5% pa
• Spectacular views to the southeast
• Walking distance to the town centres of Katoomba and Leura
• Approx. 450m to Katoomba Train Station & approx. 1.5km to Leura Train Station
• Close to local amenities such as the Katoomba RSL, schools, public transport, restaurants/cafes and supermarkets such as Woolworths, Coles, Aldi and other speciality shops
• Approx. 1 hour to the future Badgerys Creek Airport
• Leura is also home to one of the best hospitality schools in the country, the Blue Mountains International Hotel Management School (run by Torrens University)
This is an opportunity that doesn't come along every day and is one not to be missed.
An inspection is a must to view this property's full potential.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Inspections
No open inspections scheduled.
Send an enquiry
Contact For Sale By Owner (NSW) to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
15
Bathrooms:
7
Carport spaces:
1
Property type:
Other
Block Size:
512 m²*
Other Details
Lot:
5
Plan Type:
DP
Plan:
23926
Legal description:
5/23926
Maps and area information
Block information
Block size: 512m² (approx)
Legal description: 5/23926
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
49 years
Population
8,268
Listing ID: 182054694. This listing has been viewed 24 times. It was first displayed on 02/11/2023 and last updated on 30/11/2023.
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.