2 Oswald Street, Edgecliff

10 5 House
Sold $2,230,000

BLOCK OF 5 UNITS TO BE SOLD IN ONE LINE. RECENTLY REFURBISHED. FULLY LEASED. BLUE CHIP INVESTMENT

Here's a great opportunity to avoid the perils of the struggling stock market and invest wisely in a recently refurbished block of 5 character units, well positioned in a prime rental area just a few metres from Rushcutters Bay Park, yacht clubs and marina facilities. Varying in size and shape the units are all spacious, light and bright with lovely timber floors, high ceilings, each with its own individual attributes. The 3 units on the first 2 levels (1x3br, 1x2br, 1x1br), have direct access to the large, sunny, attractively landscaped courtyard garden - the ideal spot for some outdoor fun or just a peaceful rest in the sun. A perfect, easy maintenance nest-egg for the super fund!

Entire block of 5 refurbished units1 x 3br + sunrm, 3 x 2brs, 1 x 1brTimber floors, high ceilings, storageSecurity entry, large common courtyardGross Annual Rent $143,000All well tenanted on current leasesOne street from Rushcutters Bay parkClose to Edgecliff station & shopping centre

Interested in this property?

Warren Davis
Licensed Real Estate Agent
Enquire about this property
2 Oswald Street, Edgecliff
10 5
Sold $2,230,000
Suburb Guide

Edgecliff

Nestled in between Woollahra, Darling Point and Bondi Junction, the diminutive suburb of Edgecliff is made up of only 15 streets, conveniently located just 3km from the CBD. It's largely known for its business and retail hub, the Edgecliff Centre, where a collection of supermarkets, specialty stores and office suites set above the train and bus depot makes this epicentre a hive of activity. Edgecliff borders the green acreage of Trumper Park and with the exception of its two main thoroughfares – Edgecliff Road and Ocean Street – its residential streets are an oasis of tranquility.

This leafy suburb features many stately Victorian terraces and charming, refurbished workers' cottages, in addition to a range of large, older-style apartments (many beautifully preserved from the '20s and '30s), contemporary resort-style developments and luxurious townhouses. Nothing seems far from your front door if you live in Edgecliff, with cosmopolitan Double Bay shopping and charming Woollahra café society within a short walk.

Suburb Features

Education

  • Ascham School
  • Double Bay Public School
  • Glenmore Road Public School
  • Sydney Grammar Edgecliff Preparatory School
  • The Scots College Prep School
  • Woollahra Public School

Recreation

  • Centennial Parklands
  • Double Bay Park
  • Double Bay Steyne Park and Ferry
  • Rushcutters Bay Park
  • Trumper Park

Restaurants

  • Bei Amici
  • Flavour of India Edgecliff
  • Makizo
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