Apartment Sales Popular

All 7 apartments taken to auction at Ray White City Apartments today were sold under the hammer.

They included units in a hotel pool & used periodically by a hotel, one leasehold unit and one unit in cbd-fringe suburb Parnell.

Miracles, Parnell, 30 Heather St, unit 1D:

Features: 85m², 3 bedrooms, secure parking space under cover

Outgoings: rates $1944/year including gst; body corp levy $5604/year

Income assessment: $465/week fixed until February

Outcome: sold for $445,000

36 Eden Crescent, unit 303:

Features: 35m², 2 bedrooms

Outgoings: rates $899/year including gst; body corp levy $3616/year

Income assessment: $325/week

Outcome: sold for $167,500

The Beach Apartments, 85 Beach Rd, unit 903:

Features: 61m², furnished 2 bedrooms

Outgoings: rates $1307/year including gst; body corp levy $5210/year

Income assessment: $490/week

Outcome: sold for $320,000

Quba, 2 Tapora St, unit 213:

Features: leasehold, 80m², 2 bedrooms, 2 bathrooms, parking space

Outgoings: rates $/year including gst; body corp levy $5621/year, ground rent $5457/year

Income assessment: not given

Outcome: sold for $212,000

Eclipse, 156 Vincent St, unit 3B:

Features: 70m², 2 bedrooms, no parking on title but available in the building to rent

Outgoings: rates $1235/year including gst; body corp levy $4035/year

Income assessment: $420/week

Outcome: sold for $294,000

Aura, 53 Cook St, unit 1401:

Features: 53m², corner sub-penthouse, furnished 2 bedrooms, parking space

Outgoings: rates $1162/year including gst; body corp levy $5447/year

Income assessment: $450/week, $65 for the parking space

Outcome: sold for $264,000

Quest Hotel building, 92 Nelson St, unit 4D:

Features: 45m², fully furnished one bedroom, basement parking space

Outgoings: rates $2438/year including gst (commercially rated; body corp levy $4011/year

Income assessment: $400-425/week, currently used by the hotel on a casual basis but not in the hotel lease

Outcome: sold for $243,000

Bob Dey

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