This property was converted many years ago into two units and the rental income from the upper floor unit is currently $650pw. Assuming the Ground floor unit would rent for the same this property would be highly negatively geared at this price range. To convert back to a family home would require significant investment but would create a fabulous home in a fabulous location if undertaken.
One of Sydney’s most trusted real estate advisors, David Turnbull is a highly competent and experienced buyer’s agent with a wealth of knowledge and the skill set to negotiate successful outcomes for his clients. A tertiary educated professional with an extensive career at Macquarie Bank and Grimsey Wealth, David has guided hundreds of clients through the process of buying a home or investment property.
An expert in residential real estate on the North Shore, David has strong relationships with local agents who provide him with preview access to new listings and off-market opportunities for his clients.
Welcome to the property market update for Sydney’s Lower North Shore, Winter 2019. Much like most of metropolitan Sydney, the Lower North Shore property market has experienced decreased stock levels this winter which has translated to a lower number of sales and marginal price movements. Price growth has only slightly increased in most Lower North ...[read more]