Block of 30 apartments on market in Forestville
A block of 30 apartments located in Sydney's northern suburb of Forestville is on the market.
The block, 781 Warringah Road, Forestville is newly built and has three levels with a basement car park.
Andy Hu, Knight Frank’s director of Asian markets, the property is a high-quality and modern, block of apartments, constructed just one year ago.
“781 Warringah Road presents a strong net passing income of approximately $733,000 per annum with a staggered lease expiry profile, ensuring security of income," he said.
"The property has enjoyed a history of strong occupation, as each apartment is self-contained and fully-furnished with a bathroom, kitchen, stainless steel appliances, air conditioning, flat screen TV and bed.
The majority of the apartments have balconies, with basement car parking available.”
The property is up for sale through expressions of interest closing at 4pm on 30 March 2017.
