23A Monash Parade, Dee Why, NSW 2099

Development/Land

For Sale Expressions of Interest

Expressions Of Interest

  • Property ID: 449810
  • Land Area: 663.9m²
  • Occupancy: Vacant
Rare Opportunity to Secure Four Units On One Title In Prime Beachside Location - First Time Offered to Market

Seize this rare opportunity to expand your property portfolio with an entire block of four well-built, double-brick units, spanning 663.9sqm, in the highly sought-after Dee Why area. Constructed in the 1950s, and offered for the first time since then, this solid building showcases enduring quality and boasts North Coast horizon views. Ideally suited for maximising returns through rentals or short-term Airbnb stays, it also offers potential for multigenerational living, or with a touch of creative flair, it could be transformed into a dream home (STCA). Just a short walk to the vibrant Dee Why strip, with popular cafes, restaurants, bars, the surf beach, and rock pool, this iconic beachside location promises both lifestyle appeal and strong investment potential. A unique and exceptional opportunity not to be missed!

-Rare chance to secure an exceptional investment opportunity
-Built and tightly held within the same family since the 1950s
-Long-term rental, short term stays, multigenerational living or home and income
-Strong rental yields and superb capital growth potential
-Well-built, double brick building in a highly sought-after area
-Spanning 663.9sqm with North Coast horizon ocean views
-Suited for serious investors who want to maximise their return
-With a little imagination create your dream sanctuary (STCA)
-All units are fully self-contained with kitchens and bathrooms
-Units have been thoughtfully updated and refreshed over time
-Two shared communal alfresco dining balconies and large rear yard
-Units one, two, and three all have their own lockable storage space
-Unit four/penthouse, sprawling over two levels and onto private balcony with view
-Located moments to vibrant Dee Why cafes, bars, and restaurants
-A breezy stroll to the sandy shores of Dee Why & Curl Curl beach or rockpool
-A short drive to Westfield Warringah Mall, Manly, and city buses
-All units are currently tenanted and could be readily re-let with ease

Amidst the current surge in rental demand and with established tenants already in place, this is a rare and remarkable chance to acquire an entire block in a premier Northern Beaches location, offering the ultimate coastal lifestyle.

Unit 1: One bed, one bathroom.
Unit 2: Two beds, one bath, storage room.
Unit 3: Two beds, one bathroom, storage room.
Unit 4: Three beds, two baths, two living rooms, private rooftop terrace, coastal views, 1.5 car garage.

Dee Why Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9384 $573 6.10%
Industrial --- $433 ---
Offices $7973 $392 4.92%
This is the average advertised price, rent and yield for Dee Why, NSW 2099*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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