At 8 Scotia Place there is upcoming remedial work. The owner requires a prompt sale, as such he is leaving room, huge room for potential profit after remedial costs.
Located down a private street overlooking green and leafy Myers Park, with a park view and a development on each side of the road, future values could go through the roof. Added to that you have very low body corporate fees & rates and a Freehold title.
Being a D Unit, this is in our opinion the best floorplate in the block - excellently laid out, views out over Myers Park and buckets of sun. This little stunner is peaceful and private but minutes to transport, Universities, amenities and the CBD.
+ Approx. 30sqm 1 bedroom (floor area set to slightly increase after works completed)
+ Body Corporate levy: $3,301.16
+ Rates: $722.76
With the current average sale price in the city at about $10,000 per sqm and new developments heading toward and past $15,000 per sqm, try this at under $4,500 per sqm and once fixed back up to market, you stand to make a killing.
Other units in the building are renting at $400+; work out the returns...yes they are exceptional.
One of the best opportunities on the market. Call us today to arrange a viewing