31/63-64 The Strand, North Ward is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 32m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Amazing investment opportunity!
Currently used as a holiday-let, this top floor fully furnished studio apartment has been generating positive returns. This apartment offers a variety of choices - a great investment opportunity to continue as a holiday-let, private rental or Airbnb for even higher income.
Located on the 3rd floor with sensational ocean views from your private balcony, overlooking The Strand beach.
The studio offers a kitchenette with overhead storage, electric stove, bar fridge and microwave. The bathroom features a large vanity, toilet and shower. There is a study nook, dining table, and mirrored wardrobe. Complex facilities include a swimming pool, spa and lounging terrace with BBQ, plus onsite management that ensure the complex is well maintained, safe and quiet. There is secure undercover parking and lift access, so getting around is a breeze! This beauty ticks all the boxes for low maintenance investing!
North Ward is one of the most well-known and desirable suburbs and is incredibly well connected to amenities, and is only a short distance from Queen's Gardens, Castle Hill, sports facilities, major shopping centres, restaurants and nightlife. Close to the CBD and local primary and high schools, this location could not be more central! And if you don't feel like walking, grab an electric scooter for a fun, environmentally friendly trip to work!
This unit has had upgrades since photos taken including, fresh paint, bathroom renovation, new king size bed that also separates to 2 singles and new bar fridge.
The unit has generated $27,000 in the last 12 months which includes a couple of months cyclone/threat, hence less bookings in those months than usual.
Please do not hesitate to contact me for full financials and to view property.
The size of North Ward is approximately 2.4 square kilometres. There are 8 parks, covering nearly 19.0% of the total area. The population of North Ward in 2016 was 5065 people. By 2021 the population was 5073 showing a population growth of 0.2% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation.In 2021, 40.20% of the homes in North Ward were owner-occupied compared with 35.20% in 2016.
North Ward has 3,959 properties. Over the last 5 years, Houses in North Ward have seen a 38.71% increase in median value, while Units have seen a 86.93% increase. As at 31 July 2026:
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