Latest Inner City Apartment Sales

Bayleys’ apartment auction results( + 1 commercial)
Celestion Waldorf, 19 Anzac Avenue, unit 306:
Features:
68m², fully furnished 2 bedrooms, deck, outside the hotel pool
Outgoings: rates $3457/year including gst; body corp levy $5332/year
Outcome: passed in at $320,000

Pullman Residences, 6 Princes St, unit 10G:
Features:
one bedroom, parking space
Outgoings: rates $4482/year including gst
Outcome: passed in at $400,000

18 Federal St, unit 1D:
Features:
50m², fully furnished & renovated, 2 double bedrooms
Outgoings: rates $959/year including gst; body corp levy $2581/year
Outcome: sold for $271,000

Kitchener Street Studios, 22 Kitchener St, unit 5:
Features:
one bedroom
Outgoings: rates $1314/year including gst; body corp levy $4772/year
Outcome: passed in at $420,000

11 Liverpool St, unit 1404:
Features:
2 bedrooms
Outgoings: rates $1008/year including gst; body corp levy $3546/year
Income assessment: $360/week
Outcome: sold for $269,000

Parklane, 68 Greys Avenue, unit 4C:
Features:
83m², 2 bedrooms, 2 bathrooms, high stud, deck, 2 parking spaces
Outgoings: rates $2622/year including gst; body corp levy $10,267/year
Outcome: sold for $1.14 million

The Quays, 99 Customs St West, unit 2E:
Features:
leasehold, 2 bedrooms, 2 bathrooms
Income assessment: $525/week
Outcome: declared reserve of $195,000, passed in at $165,000

Commercial

17 Albert St, unit 1B:
Features:
843m² floor area, 2 separate high-ceiling club venues covering the whole mezzanine retail level
Rent: $52,052/year + gst from the lease on one venue, rising to $56,522/year + gst from November; the other venue is vacant
Outcome: no bid; auctioneer Richard Valintine called for an opening bid of $3 million, got no reply, but said there was conditional interest
Agent: Millie Liang

Attribution: Auctions.

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