201 Albany Street, Point Frederick, NSW 2250

  • 6
  • 3
  • 3

Sold Prior To Auction

Sold Prior To Auction

Unique Investment Opportunity

Ideally located in one of the Central Coasts most premiere locations, and positioned near the end of a neat and quiet cul-de-sac, stands one of the most unique and efficient investments you’re likely to come across. Of brick and tile construction and consisting of three spacious villas, this entire boutique complex and its 677m2 of prime land is available now for purchase.

Built in approximately 1983, on offer are three, two-bedroom, one-bathroom, one-carport villa’s, all currently leased to established tenants. On a strata title and under self-management, these properties are all individually registered, giving the new owner flexibility to keep them all as an investment, or to sell them off separately – giving you full control of your own future.

An easy maintenance property with simple lawns and gardens, common driveway and separate visitors car space, the ongoing care and costs would be quite minimal.

A great opportunity to add to the self-managed super, let appreciate as an investment or a side project you can manage yourself, opportunities like this do not come around often!

The Features:

• Three well-presented two-bedroom villas

• Currently leased for $940pw. Market Rent $1,100pw

• Strata titled and individually registered

• Located in the exclusive suburb of Point Frederick

• Walking distance to East Gosford shopping village

• Close to Gosford Water Front

• Walking distance to Gosford CBD and Stadium

The Details:

Council Rates: $3,198pa

Water Rates: $1,899pa + Usage

Strata Rates: Self Nominated

Current Rent $940pw

Market Rent $1,100

Unit Size: 677sqm

Age: 38 Years (approx.)

Call Sean Roach 0410 792 472

Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale of property. All interested parties are directed to rely on their own enquiries and consult their professional adviser for the accuracy of all the aspects of the information.

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Sales Manager - Gosford | Licensed Real Estate Agent
Cj201797 1637893008.profile
Sales Consultant | Licensed Real Estate Agent

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L9511986
  • Property Type: BlockOfUnits
  • Garages: 3
  • Land Area: 677.0 sqm
We Know Your Area
R&H Suburb Profile: Point Frederick

R&H Suburb Summary Houses
Number of sales 24
Average Price $1,565,317
Median Price $1,350,000
Median Rental Price $700 p.w.
Change in Rental Rate (5yr) 71 %
R&H Suburb Summary Units
Number of sales 57
Average Price $627,334
Median Price $615,000
Median Rental Price $430 p.w.
Change in Rental Rate (5yr) 19 %
Point Frederick, NSW - Median Trend
$1,350,000