Positioned at the rear of this old world charm building known as 'Ballina', apartment 44 has a western aspect. It offers:
High ceilings; Timber floors; Ample windows allowing natural afternoon light; Large original bathroom; Neat and tidy kitchen with good bench space and storage.
Ballina boasts a common rooftop laundry and terrace with views.
THE LOCATION
Perched on the high point of Liverpool Street and Darley Road, Ballina sits between four interesting areas: Paddington, East Sydney's 'eat street', colourful Kings Cross and fashionable Oxford Street.
St Vincent's Hospital and East Sydney Tech are moments away.
INVESTORS NOTE
Currently let to the same tenant for the last 3 years, who is keen to stay on and sign a new lease.
There will be a rental increase in February 2009 to $240 per week.
After renovations, $270 per week could be achievable.
OUTGOINGS
Water Rates $132.91 per quarter
Council Rates $162.37 per quarter
Strata levies $1,402.10 per quarter
STRATA AGENTS
Sommerville First National
Ph. 9797 0777