Positioned on the second floor of a character security building ‘Versailles’, this is a one-bedroom apartment for the price of a studio. It features high ceilings, light-filled interiors and open plan living. With a few cosmetic updates, it can reach its full potential and make a wonderful first home, investment property or city base. Ambling distance to some of Sydney’s best cafes, restaurants and nightspots. It is also handy to bus and rail transport, St Vincents Hospital and the Oxford Street shopping strip.

* Open plan kitchen and living/dining
* The bedroom features a built-in robe
* The bathtub includes a bathtub
* Security entrance, common laundry

Investors Note:

Market rental for a property like this would be around $325.00 per week. If however this apartment was to be fully updated, it would fetch a rental return of around $400.00+ per week.

Outgoings:

Water Rates $149.00 per quarter
Council Rates $175.00 per quarter
Unit Levies $754.00 per quarter (including hot water)

SP 13105 LOT 15

Strata Agent:

Sommerville First National: 9797 0777