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706/28 Macleay Street, Potts Point

SOLD for $399,000

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ATTENTION SMSF BUYERS & INVESTORS APPROX 6% GROSS RETURN

Located in the heart of cosmopolitan Potts Point is this renovated studio on the 7th floor of a well-maintained security building with very well managed strata.

This fully furnished apartment currently offers a rental return of $1906 per month through "The Macleay Hotel” with no property management fees and day to day maintenance by the hotel.

Located directly opposite Supermarkets, restaurants, shops and only an 8-minute walk to the train. Short walk to parks, the harbour, and the CBD.

Features include:

* Kitchenette area

* Open plan with large opening windows

* Renovated bathroom (a requirement for the Hotel rental pool)

* Ducted air conditioning

* The building has 24-hour concierge service

* Dual lift access, swimming pool

* Laundries on all floors

* Bonus of strong capital growth

* Options to live in or lease out.

* Strata Levies: $1,104.69 per qtr

* Council rates: $283.70 per qtr

* Water rates: $160.78 per qtr

* Size: 23 sqm

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Details

Address 706/28 Macleay Street, Potts Point
Price SOLD for $399,000
Property Type Residential
Property ID 1197
Category Studio

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What our clients say

Ron knows his market; he has his finger on the pulse on sales and listings in his area. At all times, Ron kept me up-to-date on all the open days with verbal/documented feedback and social media information....

Nola

I would like to thank Ron Danieli and his team for selling my apartment for way over my expectations and the highest in the block. He was professional and communicated at the highest standard. He also...

Ben and Aimee Ebert

Now that the sale of our property is complete, I'd like to thank you for your professional service. You were the managing agent for our apartment for more than 13 years and not once during that time have...

Drs Paul and Belinda Comyn

We have bought and sold the same property through Ron. He is always very patient and helpful through out both the buying and selling process. Highly recommended!

Jiana

Ron and his team have done a real fantastic job organizing the sale of my unit. They have an outstanding level of professionalism and are always very thorough in the tasks they undertake. Ron has a deep...

Odile Scotto

I have found Ron Danieli to be a very enthusiastic, thorough, knowledgeable and hard working agent who will do his very best to get his client the best result the market is offering. It was my experience...

David Pettit