19 Masons Parade, POINT FREDERICK, 2250, New South Wales

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UNIQUE OPPORTUNITY, UNIQUE LOCATION

Property ID: 3431293

This block of six, two bedroom units is set in one of the best positions in Point Frederick. Located on the corner of Masons Parade and Duke Street opposite the waterfront. 50 metres from the sailing club and Marina, and just a short stroll to Iguana Joes, the Football Stadium and Cycle paths. Built in the late 1950’s this block is ideal for renovation / reconfiguration or redevelopment, the choice is yours. All of the units are large, some with water views and private verandahs. Excellent growth potential. Land Size: 748 m2 Zoning: 2(a) residential Rates: $4340.00 pa Current Income: $54,660 pa gross (below market level).

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Land Area748.0 sqm
Council Rates$4,340.00 per annum

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Subject: 19 Masons Parade, POINT FREDERICK, 2250, New South Wales

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R&H Suburb Profile: Point Frederick

R&H Suburb SummaryHouses
Number of sales 28
Average Price $836,131
Median Price $745,000
Median Rental Price $450 p.w.
Change in Rental Rate (5yr) 18 %
R&H Suburb SummaryUnits
Number of sales 39
Average Price $328,042
Median Price $321,500
Median Rental Price $335 p.w.
Change in Rental Rate (5yr) 20 %
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