Sutherland Shire Real Estate Agents Century 21 Hill & Viteri have done it again with the sale of 302/674 Old Princes Highway, Sutherland. A number of qualified buyers missed out and are looking to purchase in the surrounding area. If you are considering selling property in the area contact the team on 9545 2220 and discover the difference.
This property is priced to sell and is offering exceptional value for money for the size that is on offer. The lot size is 125m2 (including 16m2 garage).
This generously proportioned apartment is conveniently located to amenities, with just a short 600m stroll to Sutherland Station via Peace Park. It could ideally suit those looking to downsize to a property without stairs, investors or those commuting to the city for work.
Features of the property include:
* Spacious open plan living and dining area
* Two generously sized bedrooms with built-in wardrobes
* Large kitchen with ample cupboard and bench space
* Fully tiled bathroom with separate bath and shower + additional toilet in laundry
* Wrap around covered balcony with a westerly aspect
* Security intercom, single lock-up garage, lift access and internal laundry
* Original condition throughout
As it stands this is a solid investment returning approx gross 3.8% at a $575,000 purchase price. However, if you were to renovate the interiors an apartment of this size could fetch between $450-$500 per week* and you could further obtain tax benefit via the depreciation of the renovations.
Total Lot Size: 125m2 (including 16m2 garage)
Approximate Quarterly Outgoings:
Strata: $787.70
Water: $177.91
Council:$ $259.70
* This is an estimate only and is based off other property we currently lease in the complex.
** The photography used in the advertising of the property is prior to the tenant moving in and was used to protect the tenants privacy. It may not accurately portray to current condition.
