This character brick period building, with its timeless appeal, is positioned on the corner of Ward Avenue and Kellett Place. It houses 32 apartments in total.

With 26sqm of living space, apartment 24 is nestled quietly at the rear of the first level facing east and is full of natural light. It has recently been freshly painted and carpeted.

Features include a focal bay window, 9 foot ceilings, a roomy separate kitchen and a neat tidy bathroom.

INVESTORS NOTE

Currently offered as vacant possession, this studio should lease for at least $250 per week if not more. Investors should feel safe in the knowledge that this location has a strong rental demand.

SPECIAL NOTE

Plans are currently in place for the refurbishment of this buildings common areas with new paint and carpet. This should lift the standard of this building and add more style.

THE PROXIMITY

Bordering Rushcutters Bay from the east and near colorful Kings Cross, this apartment building sits adjacent to Kellett Street which has its own individual flavor and area appeal. Moments to the most fashionable and trendy bars, cafs and late night eateries, not forgetting Kings Cross train station and area buses.

AREA HISTORY

Since 1935 this area was considered to be the height of Bohemian style living and carried on until the 1970s. During this period the Cross and surrounding areas provided affordable accommodation like this studio for Sydneys well known artistisans and writers.

The Bohemian lifestyle was the opposite of the conventional 9 to 5 working lifestyle. This location become a natural home for Bohemians. Even now, demand for affordable accommodation and a lifestyle like this are still very much strong. The only difference now being this circa 1930s building compared to most modern buildings has aged wonderfully with character and charm.

OUTGOINGS
Council Rates $175 per quarter
Water Rates $115 per quarter
Strata Levies $598 per quarter

MANAGING AGENT
Body Corporate Services