7/40a Barry St, Neutral Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 791m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
This superbly located "Mirvac" apartment is in original condition throughout and provides the perfect and affordable opportunity to renovate and prosper in this wonderful building and sensational location.
Positioned on the first floor at the rear, this 92sqm apartment features 2 double bedrooms, full bathroom, separate laundry room, large kitchen and a very generous L-shaped dining and living room. It is neat, tidy and comfortable as it is, however would sparkle with some cosmetic improvements and renovation.
In a well maintained security building, the apartment also features an entry vestibule, huge covered entertaining balcony and a lock-up garage.
Conveniently located in one of Neutral Bay's most sought after streets and within an easy level stroll of shops, cafes, restaurants and city transport, this is a golden opportunity to put your own stamp on your new home or investment and reap the rewards of your capital improvement.
Area: Unit 92 sqm Garage 15 sqm Total 107 sqm
Outgoings: Council $290.00 p.q. Water $149.94 p.q. Strata $1,327.70 p.q.
Inspect: Wednesday 11:00 - 11:30am or by prior appointment
Auction: Saturday 16th July 2022 on-site at 9:45am
Details: David Buttel 0419 263 362
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 7,062 properties. Over the last 5 years, Houses in Neutral Bay have seen a 16.81% increase in median value, while Units have seen a 30.88% increase. As at 31 October 2024:
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