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On offer here at The Docks is a 1 bedroom, 1 bathroom apartment in the CBD with 1 secure carpark. There are large windows that allow plenty of natural light. The compact but functional living extends onto a sheltered balcony with a harbour view. Universities, Britomart, Woolworths Supermarket, Queen Street shops, bars, cafes and restaurants are all within a short walking distance. Perfect for investors seeking a solid rental return and those looking to live in the heart of the city. Vacant and available for a quick settlement.
The Docks has a body corporate appointed resident building and rentals manager.
Leasehold Tenure: Lease Term 150 Years from 1996 through to 2146. Ground Rent is reviewed every 7 years. Next ground rent review is August 2025.
Why buy LEASEHOLD? Leasehold properties are significantly cheaper to purchase than buying a freehold equivalent, you own the building but not the land. You are still free to make interior improvements to the apartment.
Property Expenses:
Body Corporate Levy including Ground Rent - $9,688.04 per annum.
Council Rates - $1,512.60pa
Rental Appraisal $450 - $480pw
Some photos have digitally staged furniture added for marketing purposes.
contact me for a private viewing.
