Barinya House, 789 Pittwater Road,
Dee Why, NSW 2099
Hotel, Motel & Leisure • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
Barinya House, 789 Pittwater Road
Dee Why, NSW 2099
Map of Barinya House, 789 Pittwater Road
NEW AGE BOARDING HOUSE
- Currently 100% occupancy rate
- Land area of 732sqm*
- 2013 build with depreciation benefits
CBRE, as the exclusive selling agent, is pleased to present Barinya House, Dee Why, a new generation boarding house in the sought after beach-side suburb of Dee Why on Sydney's affluent Northern Beaches.
789 Pittwater Road, Dee Why benefits from the following key attributes:
- Self-contained studio apartments
- Land area of 732sqm* with R2 residential zoning providing strong underlying land value
- Depreciation benefits from a 2013 build completion
- Strong occupancy track record (currently 100% occupancy)
- Significant opportunity to improve room rentals and property yield by furnishing rooms and increasing rents to market equivalents in the area
- Beachside suburb with strong leasing demand
- Set to benefit from the current rental boom being exacerbated by the opening of international borders
- Walk to everywhere lifestyle focused location moments to Dee Why Town Centre, shops, parks, Dee Why Beach, schools and public transport
- Easy walk to Dee Why rapid B-Line bus stop, providing express services to Sydney CBD and greater Northern Beaches
The property will be offered for sale via Public Auction on Tuesday 17th of May 2022 at 10:30 am (Online bidding, registration and livestream will be available).
*Approximate
789 Pittwater Road, Dee Why benefits from the following key attributes:
- Self-contained studio apartments
- Land area of 732sqm* with R2 residential zoning providing strong underlying land value
- Depreciation benefits from a 2013 build completion
- Strong occupancy track record (currently 100% occupancy)
- Significant opportunity to improve room rentals and property yield by furnishing rooms and increasing rents to market equivalents in the area
- Beachside suburb with strong leasing demand
- Set to benefit from the current rental boom being exacerbated by the opening of international borders
- Walk to everywhere lifestyle focused location moments to Dee Why Town Centre, shops, parks, Dee Why Beach, schools and public transport
- Easy walk to Dee Why rapid B-Line bus stop, providing express services to Sydney CBD and greater Northern Beaches
The property will be offered for sale via Public Auction on Tuesday 17th of May 2022 at 10:30 am (Online bidding, registration and livestream will be available).
*Approximate
Property ID: 504053251Last Updated: 20 Mar 2024
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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