FOR SALE
Expressions of Interest | Jason Taylor

61 Oceanview Avenue
Dover Heights NSW 2030

Bedrooms: 16
Bathrooms: 16
Car spaces: 7
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Rare Opportunity - Entire Block of 9 Renovated Apartments with Ocean Views & Parking

Rarely does an opportunity arise to purchase an entire block of apartments in as-new fully renovated condition set in a prime coastal blue chip suburb. Situated in one of Dover Height's premier streets in a sun-washed elevated position. This undoubtedly is an incredible opportunity for the investor.
Currently comprised of 9 x beautifully renovated apartments consisting of 7 x 2 bedroom apartments all with 2 bathrooms and undercover parking, and 2 x 1 bedroom apartments. The building exterior presents in immaculate brand new condition with a recent and extensive full refurbishment of the whole block. The works included; a full strip back to a bare shell of the whole block, consisting of all new windows throughout, new kitchens appliances, internal laundries, and beautiful bathrooms, new electricals and plumbing through out the whole block, all new flooring, lighting, and air conditioning within every apartment, new balcony glass balustrades and all common areas all upgraded. The hard work, time, and expense of renovating has been done in all areas of this building ensuring continuation of tenancies at the best possible rents.
Every apartment presents in new condition and are receiving very strong rental returns resulting in a prime long term investment opportunity.
Set in a neighbourhood renowned for its community atmosphere and coastal convenience, this once-in-a generation chance awaits it's new owner.
Ideally located just minutes to the amenities of Rose Bay North, Vaucluse village cafes, Watson's Bay and a quick trip to Bondi Beach, this exceptional opportunity is certain to generate much interest in this in-demand locality, with schools, parks, and transport all within close proximity.
For all further information including a copy of the Information Memorandum, floorplans & rental income, please contact the agents.
Expressions of Interest - Sale by Negotiation
Closing Friday 4th October, 5:00pm
Jason Taylor 0412 757 470
Alena Sachr 0404 664 488
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Property Details for 61 Oceanview Ave, Dover Heights

61 Oceanview Ave, Dover Heights is a 16 bedroom, 16 bathroom BlockOfUnits with 7 parking spaces. The place is currently for sale with Richardson & Wrench Bondi Beach.

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BlockOfUnits

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About Dover Heights 2030

The size of Dover Heights is approximately 1 square kilometres. It has 9 parks covering nearly 12.2% of total area. The population of Dover Heights in 2011 was 3,940 people. By 2016 the population was 3,795 showing a population decline of 3.7% in the area during that time. The predominant age group in Dover Heights is 40-49 years. Households in Dover Heights are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Dover Heights work in a professional occupation. In 2011, 76.6% of the homes in Dover Heights were owner-occupied compared with 78% in 2016.

Dover Heights has 1,783 properties. Over the last 5 years, Houses in Dover Heights have seen a 72.08% increase in median value, while Units have seen a 26.69% increase. As at 31 October 2024:

  • The median value for Houses in Dover Heights is $6,303,887 while the median value for Units is $1,352,392.
  • Houses have a median rent of $2,400 while Units have a median rent of $938.
There are currently 16 properties listed for sale, and 1 property listed for rent in Dover heights on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Dover heights.

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Jason Taylor
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