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16 Gore Street, City Centre

Hero | 16 Gore Street, City Centre | Apartment Specialists
16 Gore Street, City Centre
  • This location has been autonomously mapped, it may not be exact.
16 Gore Street, City Centre
$149,000
1
1
47m2

So Many Options!!

An opportunity that can't be missed. It’s a rare occasion that an apartment with these opportunities comes to the market.

A stone's throw away from two complexes that are currently selling for between $20,000 and $40,000 per m2.

Those in the know are betting on these complexes pushing the values sky high for everything in the vicinity.

Finally, the owners have had drawings done up to add a whole new level to the apartment. Take 47m2 and potentially double it. Add another bedroom and bathroom and see your rental returns skyrocket, or an opportunity to transform the property into your central city crash pad/home.

To add to this, an opportunity to get this property at a fraction of the cost is not to be missed.

Why so cheap?

There are some remedial works going on in the building, there are projected levies, however with the developments nearby, there is money to be made in future capital gains.

Do the numbers!!

Facts & Features
Title Type
Freehold
Rates
$1208.56
Rental Appraisal
$460-$500 /week
Known Issues
- Weather Tightness
Pets
No Pets
Robbie King | 16 Gore Street, City Centre | Apartment Specialists

Robbie King




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).

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    This location has been autonomously mapped, it may not be exact.

    16 Gore Street, City Centre

    $149,000