Apartment Sales

Four CBD sold under the hammer at Ray White City Apartments’ auction yesterday, and another was sold shortly after.

Forte, 37 Symonds St, unit 408:

Features: 49m² including 8m² deck, 2 bedrooms

Outgoings: rates $1108/year including gst

Income assessment: subject to Charta Management leasing agreement

Outcome: sold for $239,500

Statesman, 1 Parliament St, unit 613:

Features: 29m² studio, storage locker

Outgoings: rates $914/year including gst; body corp levy $2187/year

Outcome: sold for $218,000

Tetra House, 85 Wakefield St, unit 904:

Features: 40m², 2 bedrooms

Outgoings: rates $899/year including gst; body corp levy $4295/year

Income assessment: $450-470/week

Outcome: passed in at $215,000

Whitcoulls, 6 Victoria St East, unit 4E:

Features: 50m², furnished one bedroom

Outgoings: rates $995/year including gst; body corp levy $3376/year

Income assessment: $370-400/week

Outcome: sold shortly after auction for $225,000

Zest, 72 Nelson St, unit 1333:

Features: 37m² + deck, furnished 2 bedrooms, parking space

Outgoings: rates $905/year including gst; body corp levy $3752/year

Income assessment: $380/week

Outcome: sold for $237,000

Eden Terrace

Memphis, 4 Rendell Place, unit 2B:

Features: 65m², 2 bedrooms, 2 parking spaces

Outgoings: rates $1294/year including gst; body corp levy $3906/year

Income assessment: $1778/month

Outcome: no bid

 

Bob Dey

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