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118-118A Macpherson Street, BRONTE NSW 2024
Blue Chip Investment- Sold In One Week!
Excellent opportunity to acquire a residential/commercial investment property. This highly sort after property offers two commercial shop fronts with rear lane access to two separate lock up garages and two character filled apartments with dual access to premises. Set in the heart of Bronte shops, this property offers potential to remodel, redesign and capitalize on this blue chip investment. Generating strong returns in an affluent, high-growth location, the property presents an ideal investment in a tightly held pocket.

2 x 2 bedroom plus study top floor apartments with ocean views
2x 2 Commercial shops with rear access to lane and garages
Charming and character-filled with potential to upgrade
Spacious commercial spaces with bathrooms and LUG
Endless scope for versatile redevelopment (STCA)
Brief walk to the beach, CBD bus transport at door

Council rates: $666.07 per quarter approx
Water rates: $461.20 per quarter approx

Site Area
325m approx

Tenancy Schedule

Shop 1- Leased for $3940.35 per month

Shop 2- Leased for $2828.75 per month

Apartment 1- Leased for $2145.00 per month

Apartment 2 - Leased for $2145.00 per month
  • Sold
  • $ 2,110,000
  • Land size: 325 sqm