Attention renovators/decorators! Tucked into a quiet street within 100m of the famous Coke sign, this apartment presents an outstanding opportunity to enter the lucrative Darlinghurst market. Positioned on the first floor of a small security block of fifteen, it includes a coveted secure undercover parking space and yields strong rental returns. Conveniently located within a five-minute stroll to some of Sydney’s most popular cafes, restaurants and nightspots, it could use a little work but, after some freshening up, would make for an excellent investment or first purchase.

Main Features:

* Open plan kitchen and living/dining room
* Stainless steel benchtops and appliances
* Sheltered terrace, entrance hallway
* Double bedroom with ensuite bathroom
* Secure parking with remote-control on title
* Internal laundry facilities, security entrance
* Common rooftop area
* Two storage areas
* Potential rental $400 – $450 per week

**See our image gallery for more photos**

LOT 10 SP 56764

Apartment: 49sqm
Car Space + Storage Cage: 12sqm
Storage Room: 2sqm

Strata Agents:
Strathfield Strata Management Ph: 9715 3999

Outgoings:
Council Rates: $171 per quarter
Water Rates: $142 per quarter
Unit Levies: $611 per quarter

Investor’s Note: Car spaces lease at around $50.00 per week in this location. 1 bedroom apartments lease, on their own, at around $350+ per week.