/Lower north shore property market kicks off for busy 2019

Lower north shore property market kicks off for busy 2019

Real Estate

No. 1/295 Ernest St, Neutral Bay, is on the market with a $1.2 million price guide.

The lower north shore is finally starting to see new properties come to market, now that the festive season is well and truly over.

A 1920s apartment at 1/295 Ernest St, Neutral Bay, is one of several residences that have been listed on realestate.com.au in the past week.

With a $1.2 million price guide, it is expected to be very popular with downsizers, a buyer group that was very active on the lower north shore in 2018.

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McGrath Neutral Bay agent Nicolas Boot has the listing and said its prime Neutral Bay address will be a big draw card.

Real Estate

There is an outdoor grassed area attached to the apartment.

“From your apartment, it is a quick hop onto the freeway. City buses are pretty much right on your doorstep,” he said

The renovated 130sqm apartment still retains much of its 1920s character and period charm, including its 3.2m high ceilings.

The new kitchen has a breakfast bar, gas stove, storage, wine fridge and quality finishes. It also has direct access to a common laundry.

The main bedroom has a built-in wardrobe and fireplace, while the living area is wrapped in a north facing sunroom.

Mr Boot said the apartment felt more like a house due to its large floor plan and design.

Real Estate

The main bedroom has high ceilings and a fireplace.

Real Estate

The kitchen is new and has a wine fridge and gas cooktop.

There is a single car park space with entry from Merlin St on title.

Scheduled to go to auction on February 9, it is expected to be one of the first properties to go to auction on the lower north shore for 2019.

The property as been owned by its current owners since 2014. CoreLogic data reveals that they paid $905,000.