13 St Neot Avenue, Potts Point, New South Wales, 2011

  • 17
  • 9
  • 9

Auctioned

Auctioned

Rare Opportunity - Entire Building In Prime Location

In a tranquil tree-lined avenue moments to the vibrant heart of cosmopolitan Potts Point, this block of 9 apartments presents an outstanding opportunity for investors and developers. Held by the same family since 1969, the three-level building has 8 × 2-bedroom apartments, 1 studio apartment and 9 car spaces. Set on a 470sqm (approx.) parcel of land with rear access to McDonald Street, the building has potential to develop or renovate to increase the annual gross income and scope to create a roof terrace with panoramic views to the Harbour Bridge and Opera House STCA. In a sought after lifestyle precinct at the northern end of Potts Point, the property is footsteps to buses and a short stroll to cafes, restaurants, shops and weekend farmers’ market in Fitzroy Gardens.

Features

- Entire building held by same family since 1969

- 8 × 2 bedroom apartments, 1 studio, 9 car spaces 


- Approx. 470 sqm block; rear access to McDonald St

- Potential to renovate and to increase current yield

- Potential for contemporary development STCA

- Scope for roof deck w Harbour Bridge/Opera House views STCA

- No common walls between each of the apartments

- 7 apartments with balcony; 2 apartments with air-con

- 6 covered car spaces w entry from St Neot Avenue

- 3 off-street car spaces w entry from McDonald St

- Tranquil tree-lined street at north end of Potts Point

- Footsteps to buses; easy walking distance to the city

- Short stroll to stroll to cafes, restaurants and shops

In-conjunction with Ray White Double Bay

Benjamin Goodwin 0405 500 841

Evan Williams 0415 878 262

Domain Auction House

Level 1/29-33 Bay St, Double Bay NSW 2028

We Know Your Area

R&H Suburb Profile: Potts Point

R&H Suburb Summary Houses
Number of sales 4
Average Price $7,580,042
Median Price $2,850,000
Median Rental Price $840 p.w.
Change in Rental Rate (5yr) -2 %
R&H Suburb Summary Units
Number of sales 153
Average Price $1,113,836
Median Price $730,000
Median Rental Price $575 p.w.
Change in Rental Rate (5yr) 21 %
Potts Point, NSW - Median Trend
  • 13 St Neot Avenue, Potts Point,
    New South Wales, 2011