Positioned to the rear of the ‘Darling Point Towers’ building, with a northeast aspect and leafy district outlooks, this affordable studio apartment is ideal for investors. Neat, tidy and light-filled, it is perched on the sixth floor with a superb common rooftop entertaining terrace above, with BBQ area – perfect for New Year’s Eve. Located between the waterfront reserve of Rushcutters Bay and the cosmopolitan shopping and dining of Double Bay, this apartment offers a carefree city lifestyle with great rental returns.
Investor’s note:
The current market rental price for an unfurnished studio in this location would be between $230 – $250 per week.
Potential investors may wish to have this studio apartment managed by a local agent or ‘Darling Point Apartments’, who also manage other studios within the block, have offered their services.
‘Darling Point Apartments’ would be more than happy to be your “tenant” and pay you $250 per week with no management charges.
They would also contribute to light maintenance work. In return ‘Darling Point Apartments’ will lease unit 606 on a short term basis.
Investor’s can be assured that having a tenant that pays on a regular basis and with no management cost to you, is very attractive.
Strata Agent: Raine & Horne, Leichardt Ph: 9568 2600
Lot 48 SP49621
Unit Levies: $428 per quarter
Water Rates: $140 per quarter
Council Rates: $221 per quarter