1-4/28 Lugar Street,

Bronte

Positioned in a prized beachside suburb, this completely renovated boutique block of four 2 bedroom apartments presents a superb investment opportunity. Stylish interiors and an unbeatable location a short walk from Bronte beach ensure strong rental demand.

• Four 2 bedroom 1 bathroom apartments, beautifully renovated
• Open living and dining spaces with windows on three sides
• Spacious modern kitchens feature stone benches, gas cooktops
• Well scaled bedrooms have built-in robes and ceiling fans
• Airy modern bathrooms feature full tiling, frameless showers
• Ample storage in each apartment, secure entry with intercom
• Sun washed grassed communal garden with bonus storage spaces
• Steps to trendy Bronte cafe scene, easy walk to the beach
• Zoned R3 with the potential of adding a third storey (STCA)
• Potential gross rental income of $249,000+ fully tenanted
• Council Rates $1,033pq | Water Rates $686pq
• Rental Appraisal $1,100 - $1,200 per week, per apartment