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Back 71/19 Forbes Street
Off Market

71/19 Forbes Street

Woolloomooloo NSW 2011

1
Other
Reno RomeoReno Romeo, last sold this property on 28 January 2014 after 9 days on market.

Overview

UNDER CONTRACT --City Pad or Top investment - Affordable Value Studio - Ideal Opportunity for your SMSF 4.7% Nett Return be quick this wont last long.

UNDER CONTRACT This affordable Studio is neat and presentable while offering potential to improve and add value. It's situated in a quiet position with a Northern exposure in a popular well maintained security strata building. Located only minutes walk to the City's CBD, The Domain, Harbour foreshore, fine dining restaurants, cafés, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery. This is an ideally located and very affordable City pad, perfect to use as a Sydney base, a top investment and a great fit for most Super Funds. Rented to a good tenant for the past 3 years at $285.00 Per Week showing a Gross Yield of 7% or 4.7% Nett Approximate Levies: WATER RATES $168.80 pq COUNCIL RATES $187.70 pq STRATA RATES $1107.16 pq - Affordable entry to the city east with potential to improve capital gain. - Affordable rental within minutes walk to the CBD - Easy rental location - hot water & plumbing (included in the levies) - On site manager & CCTV Security building. - Garden courtyards, Pool & Well equipped common laundry. - High income and growth location - Quiet street with convenient access to shops and transport & facilities.

Features

1 bathroom
Other

Estimated Value

We need at least 3 similar other properties sold in Woolloomooloo over the last 12 months.

Property history for 71/19 Forbes Street

2021
Rented
Undisclosed
Leased on 01 Mar 2021 by JT Allen Real Estate
2019
Rented
Undisclosed
Leased on 24 Sep 2019 by JT Allen Real Estate
2014
Sold
28 Jan 2014 by Reno Romeo, of Charles & Stuart

Happy sellers in Woolloomooloo

75%
75% of sellers in Woolloomooloo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Woolloomooloo over the last 12 months.

Local market activity for other properties in Woolloomooloo

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