101/2-9 Finlay Pl

Off Market

101/2-9 Finlay Pl

Carlton VIC 3053

Apartment

Last sold for $361,750

Martin Russell, last sold this property on 24 July 2016 after 51 days on market.

Overview

QUEST CARLTON ON FINLAY - 60 DAYS OWNER'S USE..!

A fantastic opportunity exists with this newly refurbished two bedroom serviced apartment located on the first floor and featuring a large 16 sqm entertainer’s terrace. The apartment boasts a generous living and dining room which benefit from excellent natural light opening to the fully equipped kitchen. The sparkling bathroom has been well designed and also comprises laundry facilities. Further features also include split system heating and cooling, built in wardrobes and secure 24-hour reception. N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION One of only 52 in this boutique block, the property is located on the edge of the CBD off Lygon Street, Carlton. Offering easy access to one of Melbourne's most famous tourist precincts enjoying fine restaurants and cafes while the city, museum and Melbourne University are only minutes away by foot or tram. Currently leased to the Quest Group until November 2020 and offering a rental of approximately $456 per week, the complex is run as a 4 star rated apartment hotel and offers a continuous income stream with substantially reduced outgoings. Please Note: The owner can use their apartment for up to 60 days per year (Conditions apply). Current rent: $23,713 pa (With annual 4% rental increase between market reviews) Return: 6.4% Options: 1 X 5 Years Outgoings Tenant Pays: Owners Corporation fees Insurance General maintenance Owner Pays: Council and water rates: $2,165 pa (Approx) Sinking Fund: $1,019 pa (Approx) ADVERTISING PHOTOS: Internal shots are accurate - view from the apartment is not representative. For further enquiries, please call: Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists (03) 9682 6222 or 0438 557 885 nick@kingsfordproperty.com.au Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.

Features

2 bedrooms

1 bathroom

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Carlton over the last 12 months, the estimated median property value of 101/2-9 Finlay Pl is $562.5k.

Median value

$562.5k

Estimated value range

$195k - $2.05m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Carlton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101/2-9 Finlay Pl

2016

Sold

$361,750

Private Sale/Treaty on 24 Jul 2016 by Martin Russell, of Kingsford Property

Happy sellers in Carlton

77%

77% of sellers in Carlton reported that their sale price either exceeded or met their price expectations.

Carlton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in Carlton over the last 12 months.

Local market activity for 2 bedroom apartments in Carlton

In the last 12 months, 130 two-bedroom apartments similar to 101/2-9 Finlay Pl, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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