Ray White City Apartments auction today started with 4 sales from the first 5 of 11 lots, an unusually long auction list. But that was it, the rest were passed in, 3 in a row without a bid being made.
CBD
Albert St
Quay West, 8 Albert St, unit 2301:
Features: 111m², vacant possession, 2 bedrooms, 2 bathrooms, separate laundry, covered balconies, 2 parking spaces (one on own title), 24-hour concierge
Outgoings: rates $2912/year including gst for unit, $198/year for parking; body corp levy $16,676/year including gst for unit, $1576/year for parking
Outcome: passed in after bid at $850,000, vendor raise to $1 million, then indication that $1.335 million would buy it
Agent: Damian Piggin
CBD east
Unilodge on Beach, 133 Beach Rd, unit 512:
Features: leasehold, 39m², fully furnished 1 bedroom, free of all leases to Unilodge
Outgoings: rates $1361/year including gst; body corp levy $13,379/year including gst
Income assessment: $420-450/week
Outcome: sold for $35,000
Agents: Mitch Agnew & Ryan Bridgman
Commerce/Gore
HarbourCity, 16 Gore St, unit 5I:
Features: 27m² studio
Outgoings: rates $967/year including gst; body corp operation levy $1816/year including gst, additional levy $3536 for year to 20 November; rough repair estimate $3-40 million, buyer indemnified against liability
Outcome: sold with vacant possession for $152,000
Agent: Damian Piggin
Learning Quarter
The Connaught, 14 Waterloo Quadrant, unit 8K:
Features: 33m², furnished studio, balcony, basement storage locker
Outgoings: rates $1285/year including gst; body corp levy $2962/year including gst
Income assessment: $400/week
Outcome: passed in at $340,000
Agents: Judi & Michelle Yurak
Cintra, 3 Whitaker Place, unit 11B:
Features: 57m², 1 bedroom
Outgoings: rates $997/year including gst; body corp levy $5694/year including gst, building remediation set to start
Outcome: sold for $180,000
Agent: Ron Yang
Victoria Quarter
Aura, 53 Cook St, unit 1302:
Features: 49m², furnished 2 bedrooms
Outgoings: rates $1424/year including gst; body corp levy $/year including gst
Income assessment: $400/week current; appraisal $560/week
Outcome: sold for $387,000
Agent: Marco Sahar
Fiore 2, 168 Hobson St, unit 803:
Features: 60m², 2 bedrooms
Outgoings: rates $1702/year including gst; body corp levy $4756/year including gst
Outcome: no bid
Agents: David Lee & Justin Choi
Hobson Gardens, 205 Hobson St, unit F:
Features: 163m², 3 bedrooms, 2 bathrooms, decks, 2 parking spaces
Outgoings: rates $2992/year including gst; body corp levy $6951/year including gst, excluding water levies
Outcome: passed in at $1.07 million with indication that $1.1 million would buy it
Agents: Ron Yang & Peter Akeroyd
Wynyard Quarter
Lighter Quay, 79 Halsey St, unit 102:
Features: leasehold, 76m², 2 bedrooms, 2 bathrooms, 2 secure parking spaces
Outgoings: rates $2317/year including gst; body corp levy $22,046/year including gst, residents’ society fee $3532/year
Outcome: passed in at $325,000
Agents: Mitch Agnew & Ryan Bridgman
Isthmus east
Grafton
Citta, 184 Symonds St, unit 121:
Features: 53m², vacant possession, 2 bedrooms, tandem parking
Outgoings: rates $1442/year including gst; body corp levy $4523/year including gst
Outcome: no bid
Agents: Rickus Moll & Damian Piggin
Isthmus west
Mt Eden
Eden Gardens, 955 Mt Eden Rd, unit 8:
Features: 2 bedrooms, 2 parking spaces
Outcome: auction postponed
Agents: Ryan Bridgman & Mitch Agnew
North-east
Birkenhead
Chelsea Bay Residences, 19-21 Rawene Rd, unit 412:
Features: new 87.4m² apartment, 2 storeys, 2 bedrooms, 2 bathrooms, deck, 2 secure covered parking spaces
Outgoings: body corp levy $4692/year including gst
Outcome: no bid
Agents: Liana Petrosyan & Justin Wu
Attribution: Auction.
