16 Gore Street, City Centre
- This location has been autonomously mapped, it may not be exact.
16 Gore Street, City Centre
SOLD
32 Floors High!
Money to be made, this is an opportunity that can't be missed!
It's a rare occasion that an apartment this high up comes to the market, let alone a two-bedroom with a terrace over 50m2!
Why so cheap you ask?
There is a claim against the council over some building defects, creating an opportunity for any investor that is willing to run the numbers.
That's right, come along, take a look and then let's grab a coffee and I'll show you what I'm talking about.
The projected value of this apartment is north of $600,000 and with Pacifica nearing completion next door, values should get better and better!
Facts & Features
Title Type
Freehold
Rates
$1621.27
Body Corp Fees
$4519.32
Rental Appraisal
$520-$560 /week
Estimated Net ROI
5.5%
Known Issues
- Weather Tightness
Pets
No Pets
Alastair Kain
Jesse Smith
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
