50 Falcon Street,
Crows Nest, NSW 2065
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Map of 50 Falcon Street
WHOLE UNIT BLOCK IN CROWS NEST
- 4X2 bedrooms, each with study + laundry
- Fully lease income: $111,800 pa*
- Estimated fully leased income: $156,000
CBRE, as the exclusive selling agent, is pleased to present an opportunity to acquire a significant residential apartment block
in one of the Lower North Shore’s most vibrant suburbs, Crows
Nest.
50 Falcon Street, Crows Nest benefits from the following key attributes:
• 4 x 2-bedroom apartment block, each with an accompanying study and laundry.
• Fully leased gross annual passing income of $111,800* pa
• Strong positive rental reversion opportunity back to market rents achieved in the area
• Estimated market income of $156,000
• Opportunity to strata and sell down individually (STCA)
• Dual street frontage with laneway access to rear car park
• 4 onsite car spaces with rear lane access
• Chance to acquire a substantial residential asset in a major growth suburb set to benefit from significant infrastructure investment
• Close proximity to Crows Nest commercial core, Woolworth’s (150m*), the future Crows Nest Metro Station (550m*) and St Leonards Train Station (1km*)
The property will be offered for sale via Public Auction on Tuesday 24 October 2017 at 10:30am.
To arrange an inspection please contact the below agent:
Jason Lowry
0419 277 5...
in one of the Lower North Shore’s most vibrant suburbs, Crows
Nest.
50 Falcon Street, Crows Nest benefits from the following key attributes:
• 4 x 2-bedroom apartment block, each with an accompanying study and laundry.
• Fully leased gross annual passing income of $111,800* pa
• Strong positive rental reversion opportunity back to market rents achieved in the area
• Estimated market income of $156,000
• Opportunity to strata and sell down individually (STCA)
• Dual street frontage with laneway access to rear car park
• 4 onsite car spaces with rear lane access
• Chance to acquire a substantial residential asset in a major growth suburb set to benefit from significant infrastructure investment
• Close proximity to Crows Nest commercial core, Woolworth’s (150m*), the future Crows Nest Metro Station (550m*) and St Leonards Train Station (1km*)
The property will be offered for sale via Public Auction on Tuesday 24 October 2017 at 10:30am.
To arrange an inspection please contact the below agent:
Jason Lowry
0419 277 5...
Property ID: 502575154Last Updated: 24 Oct 2017
50 Falcon Street
Crows Nest, NSW 2065
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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