Latest Apartment Sales

Three apartments were sold under the hammer at Ray White City Apartments today, and 2 in buildings with substantial remedial programmes were passed in.

96 on Symonds, 96 Symonds St, unit 1101:
Features:
43m², 2 bedrooms
Outgoings: rates $968/year including gst; body corp levy $4878/year
Income assessment: $370/week, fixed until August
Outcome: sold for $216,500

Tetra House, 85 Wakefield St, unit 611:
Features:
39m², one bedroom 2 bathrooms,
Outgoings: rates $828/year including gst; body corp levy $4507/year
Income assessment: $1430/month including gst, under management agreement until 1 January 2015
Outcome: sold for $216,000

HarbourCity, 16 Gore St, unit 6H:
Features:
38m², one bedroom, balcony, multiple remedial issues in building being investigated
Outgoings: rates $906/year including gst; body corp levy $2729/year
Income assessment: $360/week fixed until November
Outcome: passed in at $150,000

14 Upper Queen St, unit 4E:
Features:
60m², furnished 2 bedrooms, balcony, storage locker, secure parking space
Outgoings: rates $1402/year including gst; body corp levy $4227/year
Income assessment: $470-490/week unfurnished, $500-520/week furnished
Outcome: sold for $339,000

Washington, 20 Charlotte St, unit 3G:
Features:
40m², furnished one bedroom, parking space, substantial remedial work estimated in January
Outgoings: rates $968/year including gst; body corp levy $3493/year
Income assessment: $390/week, fixed until April 2015
Outcome: passed in at $90,000
(Bob Dey)

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