Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
High-End renovation to be completed! Turnkey Studio Investment Prime Lifestyle Position
Positioned on Level 7 of the sought-after The Macleay, this stylish studio apartment offers an ideal combination of lifestyle, convenience, and immediate income potential.
Fully furnished and professionally presented, this property represents an excellent opportunity to secure a turnkey investment or an effortless first home in one of the area's most vibrant locations.
The apartment benefits from a walk-to-everything lifestyle, being just moments from Woolworths, lively cafés, public transport, and renowned dining venues such as The Apollo, Bistro Rex, and Cho Cho San.
Key features include:
- Currently leased through The Macleay, providing consistent income
- Light-filled Level 7 position with a peaceful outlook
- Updated bathroom and a well-maintained kitchen
- Air-conditioned living area ensuring comfort throughout the year
- Dual-purpose flexibility allowing for owner occupation or continued investment
- Internal laundry facilities and built-in wardrobe for convenience
- Secure building with upgraded lifts, swimming pool, and gym amenities
- Flexible short-stay approval, a rare advantage for investors
The location is unbeatable, with:
- Just 100 meters to the Challis Avenue dining precinct
- 300 meters to Fitzroy Gardens weekend markets
- 450 meters to Beare Park and harbourfront walking paths
- Buses at your doorstep and 600 meters to Kings Cross Station
Apartment 706 is scheduled to undergo a sleek and clever refurbishment. During the renovation period, The Macleay guarantees a weekly rental, which is projected to generate a strong rental yield of approximately 5.35%.
For further information on the renovation and the projected appearance, interested parties are encouraged to inquire within. Images provided in the advertisement offer an indication of the planned refurbishment.
The apartment size is 23 square meters as per the strata plan.
Approximate outgoings include strata fees of $1,509.92 per quarter, council rates of $306.20 per quarter, and water rates of $202.72 per quarter.
Disclaimer: All reasonable care has been taken in preparing this advertisement, with information sourced from reliable providers. However, no guarantee is made regarding its accuracy, and no liability is accepted for any errors, omissions, or discrepancies.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Elizabeth Bay NSW 2011
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 23 m² |
Market Insights for Elizabeth Bay NSW 2011
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