$51,000 to $67,000 in Equity (depending on if you renovate it)
2 bedrooms, 1 bathroom
Floor Area: 49sqm
Construction: Concrete & steel
Body Corp fee: $4262
Council Rates: $1224
Rent: $525pw currently
Estimated reno cost if you can be bothered, $10-$11k. Estimated value after reno $441-$465k ($9,000-$9,500/sqm).
Currently rented for $525pw which is pretty close to market rent.
This is in a great up and coming area, with a bunch of big new (expensive) developments going up on this side of town. Also the trendy City Works Depot is directly across the road, and the Mansons (biggest commercial developers in AK) have been investing Billions in constructing new buildings within about 3 minutes walk.
This must be sold by Friday 1st July!
Call, text or email Alex Hall on 021 849930 or email@example.com