Back 206/389 Bourke St
Off Market

206/389 Bourke St

Surry Hills NSW 2010

1
Studio
Last sold for $228,500

Overview

SUPER INVESTMENT OPPORTUNITY - STUDIO - 27sqm!

In the heart of all the Oxford Street, Crown Street and Taylor's Square action, this Art Deco 'Belgenny' apartment is positioned on the second floor and boasts a perfect north aspect and great district views. Light and lovely, it is in presentable condition but allows scope to enhance and capitalise. A gem for investors, first home buyers, executives and party-goers, the location and character will make you feel like you're living in Manhattan. Main Features: * High ceilings, picture rails * Open plan living space * Separate bedroom alcove * Neat kitchen and bathroom * Security entrance, lift access * Heritage-listed c1938 building * Common garden and laundry Strata Manager: ACE Body Corporate Management T 9818 6842 Strata levies: Admin $609.88 per quarter (including hot water) Sinking $369.03 Future building improvements Council Rates: $ 170.66 per quarter Water Rates $138.80 per quarter Potential rental $300 per week

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Surry Hills over the last 12 months, the estimated median property value of 206/389 Bourke St is $399k.

Median value
$399k
Estimated value range
$308k - $622.5k
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surry Hills. 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 206/389 Bourke St

2023
Rented
Undisclosed
Leased on 12 Jan 2023 by Ray White Touma Taylor | Redfern
2021
Rented
Undisclosed
Leased on 13 Apr 2021 by Ray White Touma Taylor | Redfern
2018
Rented
Undisclosed
Leased on 22 Sep 2018 by Pratt Barrass Property Management

Happy sellers in Surry Hills

80%
80% of sellers in Surry Hills reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 56 reviews in Surry Hills over the last 12 months.

Local market activity for studios in Surry Hills

In the last 12 months, 13 studios similar to 206/389 Bourke St, have been sold.

This represents a 19% increase in studios sales when compared to the previous 12 months.

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