Auction Alert: Must Sell!

Set in the heart of the bustling Viaduct, this stylishly renovated 1-bedroom apartment on Princes Wharf is ready to impress. Thoughtfully upgraded with new carpeting and sleek kitchen cabinetry, it's sold fully furnished, making it an effortless choice for rental income or an immediate move-in.

The east-facing orientation floods the apartment with morning light which you'll absolutely love waking up to. Every detail has been considered to maximize space and comfort, with tasteful furnishings adding warmth and style.

The vendors have bought and moved out, this property is set to go under the hammer on auction day ( unless sold prior).

The leasehold tenure includes a capped ground rent increase of up to 3% annually (or CPI), allowing for more predictable outgoings.

The outgoings are as follows:

97 - year lease term
Ground rent: $18,093.72 per year effective 01.09.2024.
Opex: $8,697.22 incl GST from 01.04.2024 to 31.03.2025.
Council rates: $4198.36 ( commercial rates)
Total outgoings: $30,989.3 pa @ 52 weeks = $595.9 pw

Contact Gabriela for a private viewing or join the open homes advertised.

Conjunctions welcome from all agents.