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Patrick Cowie Real Estate - MOSMAN

Address available on request Mosman, NSW 2088

Address available on request,
Mosman, NSW 2088

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Price information

Sold

$5,500,000

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Tenure type

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Patrick Cowie Real Estate - MOSMAN
Patrick Cowie

Patrick Cowie Real Estate - MOSMAN

Shop 2/559 Military Road
MOSMAN, NSW 2088
04173886...
Patrick Cowie Real Estate - MOSMAN
Address available on request
Mosman, NSW 2088

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Unique Investment Opportunity in the Beautiful Suburb of Mosman

  • R3 Medium Density Residential
  • Land area 446sqm
  • Gross income $145,924.20
16 Clifford Street harbours a unique opportunity to purchase a rectangular block of 6 residential apartments in the North Shore. This is a wonderful investment opportunity with all apartments leased. This property has a history of strong rental growth and has the potential for large growth in the future. Nestled in an affluent, idyllic suburb, this is a sought-after parcel of land.

The apartment block is two levels and consists of 4 x 2 bedroom apartments and 2 x 1 bedroom apartments, with a gross rent of approximately $145,924.20 per annum. All apartments have balconies and an allocated car space on the ground floor. Each apartment is spacious with ample natural light, with the front two apartments having a wonderful view from the balcony.

Key Features:

Location

Mosman is a secluded oasis in the North Shore, offering a beautiful coastal lifestyle. The property is within close proximity to the city, making travel convenient, whilst also having ample green surroundings. Located in Mosman, this property is very close to Military Road and the B-Line Spit Junction which has multiple bus stops. This provides easy access to transport, and in turn, a direct commute into the CBD and North Sydney.

Amenities

A variety of amenities are close by including grocery stores, cafes, and restaurants. Mosman Village is a modern, bustling village within walking distance, offering a variety of shops in retail, hospitality and office spaces.

Schools

There are multiple schools in the area, including both primary and secondary schools. Mosman Public School and Mosman High School are nearby, with Queenwood School for Girls close by as well. With close proximately to both public and private schools, this offers a great variety for families.

Zoning

R3 Medium Density Residential*, Height of Building 11 metres*, Floor Space Ratio 1.1, Land Size 446sqm*.

Auction

Auction to take place at Auctionworks Rooms, Mezzanine Level, 50 Margaret Street, Sydney. Commencing from 10.30am with auctioneer Jesse Davidson on the 23/8/2022.

For any enquiries or questions please call Patrick Cowie on 0417 388 6...

*Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided by our vendors, Patrick Cowie Real Estate makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Prospective purchasers are advised to carry out their own due diligence and investigations.

*All sales/rentals are per annum, quoted areas/measurements are approximations only.

Additional information

Property ID: 504123999Last Updated: 25 Jan 2023

Patrick Cowie Real Estate - MOSMAN
Shop 2/559 Military Road
MOSMAN, NSW 2088
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