1 Sailors Bay Rd, Willoughby is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 574m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
Situated in the heart of one of the Lower North Shore's most sought after suburbs, this block offers an outstanding investment opportunity. Presenting as a single block of 6 x 2 bedroom apartments with each enjoying long-term tenancy, there is opportunity to update or renovate and realise further potential. There are three apartments per floor each with a separate balcony with shared off-street parking. Moments to Northbridge Village it is a level walk to shops, schools, cafes, restaurants and transport with easy access to Warringah freeway. A must to inspect for the astute investor.
Outstanding investment opportunity all currently tenanted
Each of the six two-bedroom units offer renovation potential
Approximate quarterly outgoings:
Council rates: $1,064
Water rates: $1,592
TOTAL: $2,656 per quarter
Auction: AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney, 10:30am Tue, 26 June 2018
Details: Andrew Croll 0409 530 133 or andrew@croll.com.au
Solicitor: Shah Rusiti, Teece Hodgson & Ward : 9232 3733, Level 10, 1 Chifley Square Sydney NSW 2000, srusiti@teece.com.au
A copy of the contract for this property can be downloaded from the Croll Real Estate website
Please note we have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers/tenants must rely on their own enquiries in this regard. We will not accept any liability for any incorrect representations claimed to be made that has not been confirmed in writing with the agent prior to the purchaser/tenant exchanging contracts.
The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2016 was 6540 people. By 2021 the population was 7124 showing a population growth of 8.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation.In 2021, 67.50% of the homes in Willoughby were owner-occupied compared with 70.10% in 2016.
Willoughby has 3,887 properties. Over the last 5 years, Houses in Willoughby have seen a 20.06% increase in median value, while Units have seen a 33.04% increase. As at 30 April 2026:
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