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459 Bronte Road
Bronte, NSW 2024
For Auction
Overview
459 Bronte Road, Bronte
Located directly opposite the iconic Bronte Beach, this unique opportunity offers the chance to acquire a majority ownership of a block comprising 12 units in one of Sydney's most sought-after beachside suburbs. The property consists of 9 one-bedroom strata apartments, each featuring sunrooms, all to be sold together in one line.
These character-filled apartments boast period features throughout, including ornate ceilings that add a touch of elegance and charm. The kitchens are equipped with gas appliances, and several units have been updated with modern kitchens and bathrooms, enhancing their appeal and functionality. Additionally, the property includes one lock-up garage, providing secure parking for residents.
The location is unbeatable, offering stunning views over the beach, parklands, and vibrant café precincts. Residents enjoy immediate access to Bronte Beach, local shops, and convenient transport options, making this an ideal lifestyle choice for both owner-occupiers and investors.
Currently, the property generates a rental income of $210,408.12 per annum, with two units vacant to facilitate the sale. Market rental estimates suggest a strong investment potential with an approximate annual rental income of $379,600, reflecting the high demand and premium location.
This offering represents a rare oceanfront investment opportunity in a prestigious suburb known for its community atmosphere and natural beauty. The block's security and well-maintained condition ensure peace of mind for future owners.
- 9 one-bedroom strata apartments with sunrooms sold in one line
- Character-filled apartments featuring ornate ceilings and gas kitchens
- Some units have updated kitchens and bathrooms
- One lock-up garage included
- Prime beachfront location opposite Bronte Beach, shops, and transport
- Current rental income of $210,408.12 with two vacant units for sale purposes
- Strong investment potential with market rent estimated at approximately $379,600 per annum
This property is ideal for investors seeking a substantial holding in a premium beachside location or developers looking to capitalize on the area's growth and lifestyle appeal. The combination of period charm, modern updates, and a prime location makes this a compelling opportunity in the Eastern Suburbs of Sydney.
Bronte is renowned for its vibrant community, beautiful beaches, and relaxed lifestyle. The suburb consistently ranks as one of Australia's top places to live, attracting a diverse mix of residents who appreciate its natural beauty and close-knit atmosphere. This property offers a chance to be part of this exceptional community while benefiting from a solid investment in a highly desirable area.
Location
Bronte NSW 2024
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