Why buy an apartment when you can buy the entire block? Boutique blocks offered in one line are ideal for passive investors, SMSF buyers or developers looking to be part of Sydney’s residential capital and rental growth while avoiding construction and planning risk. Owning a whole apartment building is one of the best investments you can make providing a steady income stream, tax breaks and potential to renovate or strata-title apartments and sell them off individually. Although rare on the market, we currently have a choice of three in key lifestyle locations from $4m to $14m. 

On the doorstep of one of Sydney’s best-loved beaches, 27 Fletcher Street, Tamarama is a block of four one-bedroom apartments offered in one line. With a relaxed boho beach vibe and views to the ocean from the upper level, the beachside block offers a premium investment opportunity in one of Sydney’s most in-demand neighbourhoods. There’s so much potential here with scope to renovate and add value or take advantage of concept plans by Design Tribe for a luxurious three-storey family home (STCA) with rear lane access to garaging a massive bonus.

The block of seven on the edge of Cooper Park at 126 Old South Head Road, Bellevue Hill is in a top spot between the beach and Bondi Junction with views to the Harbour Bridge from the top floor. With a buyer’s guide of $5.2m and a current rental yield of $194,000 approx per annum, the 1930s classic makes a valuable land asset with scope to develop upwards (STCA) and improve rental yield.

Capturing panoramic ocean views from its superb vantage point, the boutique block of four semi-sized apartments at 19 Dellview Street, Tamarama presents an extraordinary opportunity just 250m to the sand and surf. With potential to renovate and strata-title the existing apartments, subdivide and build two luxurious beach houses or build your dream, this 493sqm approx landholding features dual street frontage and four lock-up garages and comes with a buyer’s guide of $10.5m.

This week the sales team secured 17 sales with an average price of $2.6m and listed 12 new properties and the management team secure 9 tenancies and listed 6 new properties for lease.