Circa 1980′s 4 level strata security building with basement parking accommodating 16 apartments in total.

Apartment 5 is positioned on the second level and invites the renovator/decorator for a much needed makeover.

The living room and dining areas are combined adjoining the kitchen. The bathroom sits between both bedrooms.

There is a separate internal laundry room.

The master bedroom features a built-in robe.

Both the lounge and main bedroom open onto the large, west facing terrace area.

This apartment enjoys excellent cross air ventilation from the second bedroom and kitchen windows.

Currently let at $450 per week lease expired with the tenants expressing keenness to remain on and sign a further 12 month lease.

However,
if renovated…$500.oo-$550.oo per week

This apartment building is nestled within a handy spot.

From Butler Stairs you have access to Victoria Street, cafes, eateries and the train station.

At the top end of Brougham Street is William Street which has a direct route to the CBD.

Strolling down to the opposite end of this street you will discover the harbour foreshore. Woolloomooloo Bay with Finger Wharf’s many levels of dining have vitalised this bay location.

Tenants and home owners alike will appreciate this location, it’s unique larger than normal balcony and secure undercover car parking spot, not forgetting that renovators/decorators can modernise and capitalise.

OUTGOINGS

Council rates: $152pq
Water rates: $117pq
Unit levies: $825pq