Smyth Estate Agents

Smyth Estate Agents

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7 Moore Road, Freshwater

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Opportunity, location, aspect, development, renovation, detonation, income driven are just a few of the words that come to mind with this tightly held position within Freshwater Basin.

Situated just 400 metres away from the best beach on the Eastern seaboard, and only 50 metres away from all the Village delights, this double brick original house awaits the new owners to makeover or generate a steady income.

Attributes:
The House
* Double brick with high ceilings
* Three bedrooms, one bathroom, cosy kitchen
* Timber floors throughout, front balcony
* External laundry and patio/courtyard to the rear.
* Separate studio granny flat with side entry, kitchenette and bathroom
* Enormous tandem length double garage
* Storage and workshop space which must be seen to be believed under the house

The 2nd House
* A one bedroom free standing home
* Superb rear lane access on Moore Lane
* Large combined lounge, dining, bar area
* Open fireplace, separate kitchen and bathroom
* Internal laundry, verandah/deck
* Separate storage shed, and yard
* All with parking and district northerly views

* Earnings potential is in excess of $1,850 pw all inclusive.

The two street access is a rare and important feature allowing development access, an elevated sunny north aspect for natural light and views. Two properties on the one title and site having been a precedence for numerous years.

Time to sell, and sell prior to auction. Buyers Guide $2,900,000

Land Size: 702 sqm
Land Dimensions: 15.24X49.4IRR/51.89

James Smyth

James Smyth

Principal

P 9905 4100
M 0408 007 390

Comparable sales:

14A & 14B Kooloora Ave Freshwater SOLD $3,850,000
1 & 2/23 Moore Rd Freshwater SOLD $3,565,000
50 Brighton St Freshwater SOLD $3,055,000
20 Ocean View Rd Freshwater SOLD $3,575,000
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Development Potential, Multiple Income Earner and or Build/Renovate your dream beachside home

5 3 2 3
SOLD $3,250,000
Size
702m² approx.

Suburb profile:

Freshwater's unique claim to fame is that this is where surfboard riding was popularised in Australia by Hawaiian "Duke" Kahanamoku. Duke famously carved a board from a piece of local timber and demonstrated surfing for an enthralled crowd on 15 January 1915. A life-size statue of Duke Kahanamoku on the northern headland commemorates the historic day. Freshwater is part of the Manly-Freshwater National and World Surfing Reserve that recognises the historical, cultural and environmental values of famous surfing beaches. The current medium house price is $2,275,000 (+23.1%) and the latest medium unit sales price is $826,250(+19.2%). Source: RpData Apr 2017
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