Asking Price $620,000
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7/185 Falcon Street, Neutral Bay NSW 2089

Apartment
11
Block size: 521 m² approx.

Ideal First Home Purchase! Take Advantage of the Government's Transfer Duty Exemption

Situated on the top floor at the rear of a well maintained boutique block of 12 apartments with original art deco features, this well presented one bedroom apartment offers un-matched convenience on an entry level budget.

Located just minutes from the vibrant hub of Neutral Bay, you will be spoiled for choice by the areas vast array of trendy cafes & restaurants, buzzing wine bars, pubs and boutique shops. Just a short stroll to the Big Bear Shopping Centre, The Oaks Hotel, and nearby to Hayes Street Beach, Neutral Bay ferry wharf, with express city buses on your doorstep.

This affordable property presents a prime investment opportunity for the astute investor in one of Sydney's most desirable locations with strong rental demand, or a great opportunity for the first home buyer to get on the property ladder.

Take advantage of the Government's transfer duty exemption. The First Home Buyers Assistance Scheme has expanded. For contracts that exchange on or after 1 July 2023, eligible first home buyers will receive an exemption from transfer duty for purchases of new and existing homes up to $800,000.

The residence requirement for the First Home Buyers Assistance Scheme has increased to 12 months for contracts that exchange on or after 1 July 2023.
*Source https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer/assistance-scheme

PROPERTY FEATURES:

- Polished timber floors throughout
- Spacious open plan living and dining with high decorative ceilings and large windows throughout, encouraging natural light
- Updated kitchen with modern appliances
- Oversized master bedroom with ceiling fan and direct access to the balcony which is a rare feature in art deco buildings
- Elegant bathroom with magnificent original features includes shower over bath
- Boutique block of only 12 apartments with solid double brick construction and security access
- Shared laundry facilities
- On street parking (permit available through North Sydney Council)

CONTRACT & COMPLIMENTARY STRATA REPORT AVAILABLE ON REQUEST

Balmain Realty "Real Estate Solutions for the Balmain Peninsula & Inner West"

(Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent)

Features include: Close to Transport,Close to Shops,Intercom,Close to Schools

Inspections

No open inspections scheduled.

Send an enquiry

Contact Nick Van Venrooy to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
521 *

Other Details

Lot:
7
Plan Type:
SP
Plan:
10920
Legal description:
7/SP10920
Balmain Realty

Maps and area information

Block information
Block size: 521 (approx)
Legal description: 7/SP10920
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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Nearby sales

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We found 50 apartments with 1 bedrooms that just sold near 7/185 Falcon Street Neutral Bay

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
31 Aug 2017
Sold
$584,000
Contract: 09/08/2017
Transfer: 31/08/2017
Transfer type: Full transfer
Purpose: Residence

Neutral Bay suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
10,090
Listing ID: 182361232. This listing has been viewed 33 times. It was first displayed on 08/03/2024 and last updated on 16/04/2024.
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.