Freehold Helps Apartment Sales

Published 21 October 2011

Freeholding has made a big difference to the market for townhouses & apartments at the city-fringe Beaumont Quarter, where units couldn’t be given away 2 years ago.

Auction results:

Beaumont Quarter

St Marys Bay, 79 Fisher Point Drive, freehold 85m², part-furnished 2-bedroom townhouse, parking space, rates $1075/year, body corp levy $635.45/quarter, periodic rent $450/week, sold for $470,000 (James Graydon & David Parker)

Learning Quarter

Brooklyn, 66 Emily Place, unit 63, 77m², vacant part-furnished one bedroom, parking space (additional $220/month), rates & body corp levy $5470/year, sold for $460,000 (Gillian Gibson)

Oxford, 13-15 Mount St, unit 10G, 38m², vacant part-furnished one bedroom, rates & body corp levy $4082/year, prior rent $305/week, sold for $130,200 (Judi Yurak & Matt Shirley)

Tetra House, 85 Wakefield St, unit 1211, 39m², fully furnished one bedroom, 2 bathrooms, rates & body corp levy $6608/year, current rent $310/week, sold for $175,000 (Thomas Sahs)

17 Whitaker Place, unit D, 71m², part-furnished 2 bedrooms, deck, parking space, rates & body corp levy $4764/year, current rent $450/week, sold for $335,000 (Krister Samuel)

Uptown

Volt, 430 Queen St, unit 211, 37m², part-furnished 2 bedrooms, deck, rates & body corp levy $4183/year, current rent $370/week, sold for $173,000 (Judi Yurak & Matt Shirley)

Waterfront

The Sebel, 85 Customs St West, unit 110, leasehold, 57m², fully furnished one bedroom, rates $1460/year, body corp levy $10,195/year, periodic rent $450/week, passed in at $151,000 (Judi Yurak & Matt Shirley)

Bob Dey Report

 

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