OFF MARKET

46 Bay Road
Waverton NSW 2060

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 354m2
Land area: 446m2
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Property Details for 46 Bay Rd, Waverton

46 Bay Rd, Waverton is a 0 bedroom, 0 bathroom Unit and was built in 1910. The property has a land size of 446m2 and floor size of 354m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1910
Floor Size
354m2
Land Size
446m2
Local Government
North Sydney
Lot/Plan
9/1/DP7544

Last Listing description (September 2023)

CBRE as the exclusive sales agent is pleased to present to market 46 Bay Road, Waverton. Strategically positioned on a North-West facing sunny corner block in one of Sydney's most exclusive harbourside locales. Recently renovated, the building offers a fantastic investment opportunity to capitalise on Sydney's lucrative rental market with ongoing and increasing returns plus the potential to strata-title (STCA) the units.

46 Bay Road, Waverton benefits from the following key attributes:


Comprising 2 x 3 bedroom & 2 x studio apartments
All units have been recently renovated
4 off street car parking spaces
Well maintained property with views of Sydney CBD
North-West facing corner block with dual frontages to Bay Road & Priory Road, drenched in natural light
Sensational investment opportunity in a highly tenanted area, with a vacancy rate of only 1.77%, underwriting the area's strong rental demand.
Only 650m* to Waverton Train Station
Neighbouring North Sydney CBD in great proximity to prestigious schools, transport, hospitals, and Sydney CBD.
Opportunity to increase the rents to align with market
Potential to strata-title (STCA) providing a flexible exit strategy to sell down individual apartments
Highly desirable and popular harbourside setting with a village-like ambiance, ideal for white collar tenants and young families.
Affluent suburb with a median house price of $3,687,498* (CoreLogic)


46 Bay Road, Waverton will be sold via Public Auction on Tuesday, 26th of September 2023 at 10:30am at auctionWORKS.


For more information, please contact the exclusive selling agents.

*Approx.

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Property History for 46 Bay Rd, Waverton, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$3,897,000
26 Sep 2023
Listed for Rent
$700/w
04 Dec 2022
  • 26 Sep 2023
    Sold for $3,897,000
  • 01 Sep 2023
    Listed for Sale Contact Agent
  • 22 Nov 2022
    Listed for Rent $700 / week
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About Waverton 2060

The size of Waverton is approximately 0.7 square kilometres. It has 15 parks covering nearly 29.6% of total area. The population of Waverton in 2011 was 2,808 people. By 2016 the population was 3,019 showing a population growth of 7.5% in the area during that time. The predominant age group in Waverton is 30-39 years. Households in Waverton are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Waverton work in a professional occupation. In 2011, 51.3% of the homes in Waverton were owner-occupied compared with 52% in 2016.

Waverton has 1,775 properties. Over the last 5 years, Houses in Waverton have seen a -6.33% decrease in median value, while Units have seen a 23.68% increase. As at 31 October 2024:

  • The median value for Houses in Waverton is $2,779,997 while the median value for Units is $1,394,151.
  • Houses have a median rent of $920 while Units have a median rent of $755.
There are currently 3 properties listed for sale, and 6 properties listed for rent in Waverton on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Waverton.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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