PROPERTY SUMMARY

Beds: 3 Baths: 1 Car Park: 2

PROPERTY DESCRIPTION

This property is currently not available.

Potential Plus! This 3-bed property, on the top floor, is just slightly set back from the gorgeous riverfront frontage of this low-rise, security complex with absolutely amazing views of the foreshore and City.

Offered to the market for the very first time ever – yes, one owner since new, this home is ripe for renovation. The property is truly a blank canvas, so there is all the scope you require to transform it into your own beautiful home. Plenty of separation from other units here, as this is detached – there are no adjoining walls and only one home below, and the unit also has the advantage of a hidden laundry, a very private rear courtyard/garden and 2 car parking (tandem). In the courtyard there is an avocado tree, mango tree, turmeric, tomatoes and garlic, so quite the kitchen garden! The balcony has sensational views of the foreshore. The lifestyle here is just idyllic – so relaxing and peaceful. A great feeling of space. It would be a real pleasure to just sit, sip the chardonnay and watch the bird life…

A great one to invest in for future reward. This attractive complex is contained within an unbelievably massive and under-developed 6,483 sqm. Look at the pretty landscaped gardens, the space, the panoramic views. This is a simply stunning location, tucked away quietly at the end of prestigious Jubilee Street with direct foreshore access and no roads to cross – there is really nothing else that comes close. With only 30 owners sharing equal ownership of the common property, you must genuinely consider the land value and think how much your slice may be worth. A whiff of redevelopment down the track can only make this proposition more attractive! Yes, this complex’s current zoning creates the opportunity to increase the number of units on this block of land. Following this there is now plenty of discussion of redevelopment at some point in the future, which should certainly entice investors who have the time and patience to just sit and wait.

Don’t miss this golden opportunity. This one is well worth your consideration.

Council Rates: $1,668.90 pa
Water Rates: $963.24 pa
Strata fees: $691.67 per quarter