126 Old South Head Road, Bellevue Hill
An Incredible Opportunity to Possess an Art Deco Block of Seven on the Edge of Cooper Park
A truly rare chance to own an original Art Deco block of seven, this incredible collection of immaculately maintained apartments is to be sold in one line. With 6 x two bedroom apartments and 1 x one bedroom plus study apartment on offer, this quality investment returns a solid rental yield of approximately $199k per annum under the current rental arrangements. With views of the Harbour Bridge from unit six on the top floor and the potential for upwards expansion (subject to approvals), apartments are invitingly spacious with separate lounge and dining areas and gas kitchens. Four apartments are stylishly renovated, with three allowing scope for upgrade. With grand foyer, new windows, new gutters and downpipes, new hot water systems and up to date fire services, additional features include a re-pointed façade, polished timber floors, high ceilings, grand stained-glass window in the stairwell and internal laundry connections. Bordering Pringle Place, this incredible property is extremely well positioned just a short level walk to the top of beautiful Cooper Park and Bellevue Hill village cafes. A stroll to Bondi Junction shopping conveniences and station, it is minutes to Bondi Beach and Centennial Park.
* Art Deco block of 7 apartments
* Prime position, to be sold in one line
* 6 x two bedroom, 1 x one bedroom plus study apartment
* Current approx annual return $199k
* Immaculately maintained common areas
* Four apartments stylishly renovated
* Three further spacious apartments with potential
* Generously sized double bedrooms
* Separate lounge and dining spaces
* Gas kitchens, high ceilings, int. laundry connections
* Grand foyer, new windows
* New roof, gutters/downpipes
* Polished floors
* New hot water systems, new fire services
* Re-pointed façade
* Close to Pringle Place
* Moments to Cooper Park, Bellevue Hill cafes
* Level walk to Bondi Junction, Westfield and Station
* Minutes to Bondi Beach, Centennial Park and Double Bay
* An incredible investment opportunity