62/7 Anderson St, Neutral Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 1642m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Positioned on the top floor of this security building with a sundrenched Northerly aspect and sweeping views over Ilbery Reserve and the Neutral Bay Tennis Club, this recently renovated apartment is a bargain buying opportunity only a short level stroll from the vibrant heart of Neutral Bay Junction with its array of cafes, restaurants, specialty shops and city transport options.
The apartment has been recently renovated throughout and includes 2 double bedrooms both with built-in robes (and one with a Harbour view), stylish bathroom, as-new gas kitchen with dishwasher, and a light filled dining & living that flows out to the North facing balcony. A shared laundry for the floor is located immediately adjacent to the unit affording ultimate convenience and amenity. The unit includes a car space (exclusive use on title) and is currently let until January 2021 at $690 per week to excellent tenants.
The building includes lift access, and has undergone extensive common area upgrades including foyer, painting and windows with a recently appointed Strata Manager who has been given complete control to undertake further works where necessary (hence the accumulation of money in the Capital Works Fund).
Outgoings: Council $261.00 p.q. Water $179.06 p.q. Strata $1682.47 p.q. (with a balance in the Capital Works Fund of $994,573 as at 20/3/20).
Area: 65.4 sqm plus allocated open car space (exclusive use by law)
The size of Neutral Bay is approximately 1.3 square kilometres. It has 20 parks covering nearly 8.8% of total area. The population of Neutral Bay in 2011 was 9,384 people. By 2016 the population was 10,498 showing a population growth of 11.9% in the area during that time. The predominant age group in Neutral Bay is 30-39 years. Households in Neutral Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neutral Bay work in a professional occupation. In 2011, 46.1% of the homes in Neutral Bay were owner-occupied compared with 44.9% in 2016.
Neutral Bay has 7,166 properties. Over the last 5 years, Houses in Neutral Bay have seen a 9.73% increase in median value, while Units have seen a 34.21% increase. As at 31 August 2024:
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