Balgowlah 4/5 Cross Street

If there ever was a true example of “punching above its weight” in real estate terms, then this apartment would be up there with the best of them. Priced at proper “entry level” Northern Beaches prices, this home is located in what is now the local area’s most appealing precincts. With Aldi, Woolworths, Ray’s Pizza and the B-line all within walking distance, it is easy to see why the home will appeal to those looking to start their journey, or those looking to downsize and stay nearby.

Inside the home feels spacious, and with the added benefit of the high ceilings, it is an inspiring little gem in Balgowlah. With a well-designed open plan kitchen which flows neatly to the adjoining dining and living room, the home feels welcoming, and equally comfortable throughout.

The master bedroom is well proportioned and includes a robe and sufficient space for a decent queen-sized bed, and a nook for additional storage or computer desk alike. The ensuite is well-appointed, and well ventilated, and rounds out this offering nicely.

Overall, the opportunity is exciting and given it is situated in a small boutique block of only 10 units, it will appeal to those that value old-school quality, and the massive array of new-school amenities nearby. Unlike the new apartments offered today, this one is built to last and will be popular among those looking for great value for money in their purchase. If you are an investor, then this unit will be an easy “set and forget”, with tenants always keen to be in this upcoming popular part of the Beaches.

Strengths:

– Easy to rent for investors

– Double-brick in small boutique block of only 10 residents

– Walking distance to B-line, Aldi and Ray’s Pizza

– Immaculate and well maintained throughout

Disbursements:

– Strata levies: $805 p.q.

– Council rates: $366 p.q.

– Water rates: $160 p.q.

Sold on: 01 August 2022