41 Birriga Road, Bellevue Hill, NSW 2023

This property provides an ideal investment opportunity in the prestigious enclave of Bellevue Hill. This block of apartments is not just a property, it's an option to hold a good yielding investment block whilst having the ability to also take advantage of the DA approved plans which allow you to build 3 luxurious apartments all with on grade parking.

DA Approved Plans: Step into a lucrative development play with Development Approval already secured, allowing you to capitalize on the potential for growth and enhanced value.

The property was built in 1968, with the land area totalling 431.1 sqm (approx) Apartment 1,2,3,4 = 64.2 sqm each internally. Apartments 5 & 6 = 41.1 sqm each internally (approx). 

Land Zoning: R3 - Medium Density Residential. 
Height of building - 13.5m. 
Minimum lot size - 700 sqm.
Floor space ratio - 0.9:1
Local council - Woollahra Municipal Council

Prime Location: Nestled in one of Sydney's most sought-after suburbs, residents enjoy proximity to stunning beaches, upscale dining, and vibrant shopping precincts. The location is perfect for attracting high-quality tenants or discerning buyers.

Long-Hold Investment: With a strong rental demand and a thriving community, this property offers an excellent long-term investment opportunity. Benefit from consistent cash flow while enjoying the appreciation of property value in this prestigious market.

Strong Market Fundamentals: Bellevue Hill boasts low vacancy rates and a high median rental yield, making it a sound choice for both seasoned investors and those new to the market.

Seize the chance to invest in Bellevue Hill, where luxury living meets unmatched potential. Whether you choose to hold for the long term or develop your vision, this property is bound to serve the new owner for years to come.