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RAINE & HORNE
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This security complex of 9 x 2 bedroom apartments plus 1 x commercial space delivers an outstanding opportunity in one of the Eastern Suburbs fastest growing hotspots.
- 9 x 2 bedroom, 1 x commercial space, 10 x LUG
- Substantial interiors, stone & gas kitchens, some with CBD views
- All feature balconies, internal laundry, built in robes
- Strata registration in place, eastern suburbs growth area
- Potential gross annual rental $332,800 (currently $262,600)
- Shopfront benefits from a long-standing tenant
- Potential to add additional units (STCA)
Outgoings
Council Rates: $330.90 p/q per unit
Water Rates: $174.21 p/q per unit
Disclaimer: Mint360property have no reason to doubt the accuracy of the property information provided. We request that at all times you inspect the property and make & rely upon your own enquiries.
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Mortgage Broker
R&H Suburb Summary | Houses |
---|---|
Number of sales | 82 |
Average Price | $2,511,378 |
Median Price | $2,520,000 |
Median Rental Price | $1400 p.w. |
Change in Rental Rate (5yr) | 60 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 63 |
Average Price | $1,382,595 |
Median Price | $945,000 |
Median Rental Price | $700 p.w. |
Change in Rental Rate (5yr) | 25 % |