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By far, the best renovation I have seen in this group over the last 20 years!
Such a clever design - using every square centimetre.
These single bedroom apartments are perfectly located in the very heart of Claremont and keenly sought after by investors, tenants and owners alike - especially the ground floor ones with courtyards.
Number 11, being situated on the ground floor has a large north facing courtyard - its position is arguably the absolute pick of the group. Being an 'end' apartment also means that you also have an east facing window bringing in all the morning sunlight you may need.
With the location being so close the Claremont Quarter, Claremont train station and local schools these apartments have an outstanding rental history. The property is currently tenanted at $450/wk on a tenancy through to February 2025 and with the current rental demand, we would certainly expect an even higher rental return next year - as another in the building up on the first floor with a far inferior, partial renovation has just been rented out at $505/wk!
The property is neatly presented with a modernised kitchen and bathroom. The bathroom also has a front loader washing machine installed into the wall - a very clever design using the wasted space under the kitchens, corner bench top to accommodate this.
The living area and large bedroom both face north, looking out into the paved courtyard and garden area - Ensuring plenty of winter sunshine during the colder seasons. The courtyard also has a lovely big pergola area so for the gardeners - extra shade for you during the warmer months as well.
Priced to sell by a genuine vendor, we expect this to sell quickly. Move fast to secure this blue-chip offering. Some of the landlords have owned Churinga Gardens for in excess of 10 years and own more than one apartment, so why not start with, by a country mile.. the best offering in the group!
Strata Fees:
Strata Admin: $493/Qtr
Strata Reserve: $150/Qtr
Total Strata: $643/Qtr