1-6/261 Penshurst Street, North Willoughby, NSW, 2068

Entire Block of 6 Strata Apartments

Block Of Units
Type
12
Bedrooms
6
Bathrooms
5
Parkings

Last updated on Saturday, March 07, 2026 ( See property details for 1-6/261 Penshurst Street, North Willoughby, NSW, 2068)

Auction

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A rare investment opportunity featuring six renovated, spacious 2-bedroom apartments in a prime North Willoughby location with excellent rental returns and redevelopment potential.

🏡 Property Highlights

  • Impressive 729sqm block with 6 fully renovated strata apartments
  • Generous 2-bedroom apartments with 2.8m ceiling heights
  • Excellent investment opportunity with current return of $210,860pa
  • Prime location just moments from Chatswood Shopping area and station
  • Potential for future redevelopment (STCA)
  • Includes 4 garages and 1 car space for secure parking

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Dishwasher
  • Waterfront / Views
  • Outdoor Area
  • Garage / Secure Parking
  • Internal Laundry
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens

North Willoughby is a highly sought-after suburb renowned for its convenient access to Chatswood’s shopping and transport hub. The area offers a vibrant lifestyle with a mix of modern amenities, cafes, and parks. Its strategic location provides excellent connectivity to Sydney’s CBD and surrounding suburbs. The community is family-friendly, with quality schools and recreational facilities nearby. North Willoughby combines suburban tranquility with urban convenience, making it ideal for investors and owner-occupiers alike.

What is the current rental income and potential for increase?
The property currently generates an annual rental income of $210,860, with scope to increase based on market conditions and rental adjustments.
Are there any redevelopment restrictions or approvals needed?
Yes, future redevelopment is subject to council approval (STCA), and it is recommended to consult with local authorities for specific zoning and planning regulations.
What are the ongoing strata costs and management details?
Strata management details and costs are available upon request; these typically cover building maintenance, insurance, and management fees.
Is the property suitable for owner-occupiers or primarily for investors?
The property is ideal for investors seeking high rental yields, but owner-occupiers may also find the spacious apartments and prime location appealing.
What are the nearby amenities and transport options?
The property is within walking distance to High Street shops, cafes, and Chatswood station, providing excellent connectivity and local amenities.
Are there any existing easements, zoning restrictions, or planning overlays that could affect redevelopment plans? What are the total strata levies and are there any upcoming special levies or assessments? Are there any known structural issues or defects with the apartments or the building? Is the property located in a flood or bushfire-prone area? Are there any ongoing or planned developments nearby that could impact the property's value or livability? What are the terms of the current lease agreements, and when are they due for renewal? Are there any restrictions on future modifications or renovations to the apartments? What are the total costs involved in purchasing and maintaining the property, including stamp duty and strata fees? Is the property compliant with all current building and safety regulations? Are there any existing or pending legal disputes related to the property or strata scheme?

1-6/261 Penshurst Street, North Willoughby, NSW, 2068 - More Details

Entire Block of 6 Strata Apartments

Set on an impressive 729sqm, this entire block of 6 x 2 bedroom strata apartments presents an outstanding investment or future redevelopment opportunity (STCA). 'Harford Hall' is beautifully presented with 2.8m ceiling heights, oversized apartments and renovated throughout. The block is perfectly positioned just moments from Chatswood Shopping area and station. • Entire block of 6 x 2br strata apartments, 4 garages and 1 car space • Generous sized apartments, updated throughout, gas kitchens • Excellent investment or future redevelopment opportunity (STCA) • Prime location, walking distance to the High Street shops and cafes • Currently returning $210,860pa with scope to increase Ray White Double Bay - Exceptional Living Begins Here Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
5

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