23 Court Road, Double Bay
DECEASED ESTATE - ENTIRE BLOCK OF 9 UNITS + 2 GARAGES - BLUE CHIP INVESTMENT OPPORTUNITY
A rare opportunity to purchase a blue-chip block (corner of Kiaora Road)in a select residential location a short, level stroll to the heart of the reinvigorated Double Bay shopping village. All in comfortable condition yet the potential is here for an investor to refurbish and obtain a higher rental return. Developers may wish to renovate and Strata (STCA). Each unit comprises 2 good-sized bedrooms, living/dining rooms, kitchen, bathroom and balcony. The position is enhanced by the prominent two street frontages. An ideal opportunity for a self-managed superannuation fund or for the astute long-term investor.
Ideal for the super fund or redevelopmentBlock of 9 spacious 2 bedrooms on one titleTwo units with potential as private garden unitsLand size 502sqm - Zoned Residential 2BTwo lock-up garages with roof-top aboveEnormous potential to Strata (STCA)Short, level stroll to Double Bay centreGAR $264,160 with potential to improve
APPROXIMATE INTERNAL UNIT SIZES
Unit 1: 74 sqm
Units 4,7: 81 sqm
Units 2, 5, 8: 78 sqm
Units 3, 6, 9: 70 sqm
ANNUAL OUTGOINGS
Water Rates $ 6,493
Council Rates $ 6,128
Insurance $ 5,240
Property Information
- Land area approx 502sqm
Double Bay
Grand Federation homes and charming semis still line the intimate tree-lined avenues of this aesthetically delightful suburb, set alongside contemporary masterpieces and luxurious villas, where taste and discretion are the order of the day.
Woollahra Library at Double Bay is a highlight – reopened in 2016 and is a constant hive of activity with green walls, study rooms, a reading room with a fireplace and even a slippery dip for the children. The revitalised Kiaora Lane is almost like a central shopping hub within that area of Double Bay. There is a buzz in this wonderful hub with restaurants and cafes such as China Diner, Little Jean and Bake Bar popular with the community.
On the shores of Double Bay you'll find sailing clubs, marinas and two boutique beaches, including the gorgeous Redleaf Pool [now called Murray Rose pool]. Just 4km from the CBD, Sydney's top private schools, including Cranbrook, Scot's, Kambala and Ascham are all in the vicinity. An undeniable air of affluence and an international ambience flavour Double Bay, where the perfectly groomed and the well-heeled can be found enjoying its cosmopolitan attractions.
Suburb Features
Education
- Ascham School
- Cranbrook School
- Double Bay Public School
- Sydney Grammar Edgecliff Preparatory School
- The Scots College
Recreation
- Cooper Park & Tennis Courts
- Double Bay Park
- Steyne Park
- Trumper Park
Restaurants
- Bibo Wine Bar
- Indigo
- Little Jean
- Margaret
- Matteo
- Bedouin
- Matteo
- Lotus
- Sake
