26/66 Bayswater Road, Rushcutters Bay
9% GROSS RENTAL RETURN - ONLY METRES TO RUSHCUTTERS BAY & WATERFRONT
This property offers a charming blend of vintage elegance and modern convenience, making it an excellent opportunity for both investors and first-time home buyers. The boutique Art Deco block adds unique character, while its proximity to Rushcutters Bay Park and the waterfront provides an attractive lifestyle. The scramble parking ensures convenience, and the property is currently generating income through Airbnb.
Elegant Art Deco security buildingSeparate, tidy kitchen with ample cupboard spacePerfect, convenient locationRental return of $950 per week via Air BnBScramble parking available
Property Information
- Council Rates $293.15/quarter
- Water Rates $178.42/quarter
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Rushcutters Bay
Less than 3km from the CBD, this diminutive harbourside suburb is a favourite with executives, enamoured by its proximity to the city and the array of entertainment on offer in nearby Darlinghurst, Potts Point, Paddington and Kings Cross.
Set in a protected pocket next to Darling Point, its most prized attraction is Rushcutters Bay Park, which meanders around the bay to the Cruising Yacht Club, where a host of luxury yachts are moored – you can even hire one for the day. Rushcutters Bay is apartment living personified – freestanding homes are like hens' teeth.
Luxurious large-scale apartment developments such as Marina One sit side-by-side with some classically elegant buildings dating to the '20s and 30's. All clamour for a glimpse across the park of the harbour beyond. Quaint local tennis courts overlook Reg Bartley Oval, a lush cricket pitch surrounded by a traditional white picket fence.
The Vibe Hotel sits overlooking the park, with its rooftop pool affording grandstand water views. On the southern side of the main highway, a former commercial pocket has been transformed into a unique enclave of luxury car showrooms including Sandersons Mercedes, quaint cafes and warehouse conversions.
Every amenity and cultural attraction desirable is within easy walking distance of this most charming and interesting urban address – a picturesque enclave where the refined meets inner city excitement.
Suburb Features
Education
- Ascham School
- Glenmore Road Public School
- SCEGGS - Darlinghurst
- St Vincents College
- Sydney Grammar Edgecliff Preparatory School
Recreation
- Cruising Yacht Club of Australia
- Rushcutters Bay Park
- Sir David Martin Reserve
- Trumper Park
Restaurants
- Apollo
- Cafe Maybach
- Figo
- Marta Osteria
- Restaurant Bar M